Foodie Delights—UAE Set To Be Top Hub For Food Industry Manufacturers
UAE is soon turning out to be a fave hub for manufacturers in the foods industry. The sector is seeing stable growth in the UAE, year on year. Experts opine that this is because of the competitive environment that is also conducive to investments. In addition, let us not forget the latest infrastructure that the UAE economy comes loaded with. More so, the region offers great boost for food manufacturing given its tax free systems, ease of manufacturing value added products and ease of operations.
It is to be noted that the UAE population is seeing rise thanks to the prospects of business here. Between 2012 and 2030, the population will have seen a rise of 26.9 per cent.Of course, it is important to specify that about 88.2 per cent of the population in 2030 will be non native or foreign workers.
The Food and Beverage Manufacturers Business Group (FBMG) is one name that has been working to synergize the governmental ministries and the food industry players. The prime goal for the Group is to turn UAE into the leading region for the food industry in the entire Middle East.
Tarek El Sakka, CEO of Dubai Refreshments Company has gone on air stating, “There is a substantial opportunity for local and international F&B brands, with GCC governments’ supporting the growth. UAE’s food production capability is limited but its strategic location has helped it to be a significant link in the region’s food chain.”