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Fujairah plans $272M wheat storage project

United Arab Emirates (UAE) member Fujairah is to build a grains storage facility costing 1B dirhams (US$272.22M) in a bid to increase food security.
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The project is expected to reach capacity of 100 mt and transform Fujairah into a future investment hub for grains storage, said Sharief Al-Awadhi, director of the Fujairah Free Zone Authority.

It follows an agreement between Fujairah port and Abu Dhabi's investment company to build wheat storage silos at the port, covering an area of 100,000 square metres or more.

The UAE is aiming at more infrastructure investment in its less developed northern emirates such as Fujairah and creating more jobs for nationals this year, its Economy Minister said.

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