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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi-US Partnership to Build Vertical Farms in MENA Region

United States MENA PIF Hydrogen Saudi Arabia Neom Middle East Ministry of Industry and Mineral Resources North Africa Riyadh
An employee inspects lettuce growing in a facility that uses vertical farming techniques, in Kyoto, Japan. PHOTO: AFP

The Saudi Public Investment Fund (PIF) announced a joint venture agreement with AeroFarms, a US-based commercial market leader in vertical farming, to establish a company in Riyadh to build and operate indoor vertical farms in Saudi Arabia and the Middle East and North Africa (MENA) region.

The agreement seeks to optimize the utilization of natural resources, including water and agricultural lands, through the implementation of indoor vertical farming, with no need for arable land, resulting in significantly higher yields and using up to 95% less water compared to traditional field farming.

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