Transcript PART THREE: PROSPECTIVE SECTORS FOR INVESTMENT in the UAE

PART THREE: PROSPECTIVE
SECTORS FOR INVESTMENT
in the UAE
UAE Agricultural Sector
Ch 12
UAE Agricultural Sector
• Agriculture, also called farming, is the
cultivation of animals, plants, yeasts, and
other life forms for food, fiber, drugs and
other products used to sustain and enhance
human life.
• Agricultural economics refers to economics as
it relates to the "production, distribution and
consumption of [agricultural] goods and
services.
UAE Agricultural Sector
• Crop cultivation: Cropping systems vary
among farms depending on the available
resources and constraints; geography and
climate of the farm; government policy;
economic, social and political pressures; and
the philosophy and culture of the farmer.
UAE Agricultural Sector
• Geography and climate; In general desert dominates the
UAE and the climate of the country generally is hot and
dry.
• Government Policy: The agriculture industry in the U.A.E.
is diversifying quickly. At the national level, the Ministry of
Economy is establishing a strategic food reserve that
would help diversify the nation’s agricultural base and
protect against any critical food shortages.
• Agriculture accounts for only 3 percent of the UAE's GDP
due to the federation's severe climatic conditions,
although it accounts for 20 percent of all water
consumed, much from rapidly-depleting natural water
supplies.
UAE Agricultural Sector
• The UAE's agricultural sector annually
produces about 600,000 tons of produce. The
federation's chief crops are cereals. Some
crops, such as tomatoes, are grown in
quantities greater than what the UAE
consumes in a whole year. The agriculture
sector also produces water-melons, eggs,
cucumbers, (egg-plants), green chilies,
peppers, and dates.
• Main exports include dates, fish, vegetables,
poultry, eggs, and dairy products.
UAE Agricultural Sector
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THE UAE ECONOMY – AGRICULTURE 2013 (Head news)
Organic farming on the rise in the UAE
Sheikh Zayed Award for Agricultural Innovation planned.
Khalifa Fund plans to promote agriculture
Sustainable farming ideas spread across UAE
Abu Dhabi announces winter crop plan for next season
Abu Dhabi to host first Global Forum for Innovations in
Agriculture
• Research centre to help Abu Dhabi farmers boost crops
• Potato Farmers are planning to increase production in the
UAE
• Emirati farmers show interest in organic vegetables
UAE Agricultural Sector
Economy
(01) China
European Union
(02) India
(03) United States
(04) Indonesia
(05) Brazil
(06) Nigeria
(07) Russia
(08) Turkey
(09) Australia
(10) Japan
(billions in USD)
903
(11) France
(12) Mexico
311
(13) Thailand
306
(14) Pakistan
184
(15) Spain
125
114
(16) Argentina
(17) Iran
55
54
49
48
45
44
44
90
(18) Italy
83
(19) Egypt
75
70
55
(20) Vietnam
Rest of the World
41
39
37
1,873
Largest countries by agricultural output at market exchange rates according to IMF, 2013