JV formed with Tamimi, Italian, Japanese firms to offer smart farms in Saudi Arabia.
Saudi supermarket chain Tamimi Markets formed a joint venture with Japan’s Mitsui & Co. and Italian agricultural technology provider Zero SRL to develop the Kingdom’s first smart farms.
The three partners aim to develop the next generation of vertical smart farms in the Al-Kharj area of Saudi Arabia in a bid to address the Kingdom’s food security and sustainability needs, according to a statement.
Starting with Riyadh, the new joint venture will bring fresh produce to the market using far less water than traditional farming techniques and in close proximity from farm to shelf.
The move supports the Kingdom’s efforts to achieve smart agricultural and environmental solutions to the world’s growing needs in line with Saudi Vision 2030.