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His Excellency Abdulla Bin Touq Al Marri, Minister of Economy of the United Arab Emirates, opened the largest food and beverage processing and packaging exhibition in the Middle East, Africa and South Asia (MEASA), Gulfood Manufacturing, and reconvened the Global Industry Trade Center (DWTC) in Dubai World. It will be in the next three days It will promote intelligent innovation in the food manufacturing field for a longer period of time and reignite the big face-to-face business opportunities on the spot.
His Excellency Al Marri stated that the UAE today has a leading position in the food trade industry in the region and attributed this success to the wise vision of the country’s leadership. At current prices, the UAE’s food commodity trade will contribute more than 7% of the country’s GDP in 2020, and accounted for more than 8.4% of the non-oil GDP in the same year.
Your Excellency explained that the UAE continues to position itself as a major global trade and investment and manufacturing partner in the food sector, because in the first half of the year, trade in food commodities accounted for 5.5% of the country’s total non-oil foreign trade. About 6.2% in 2021 and 2020.
In the past five years, from 2016 to 2020, the UAE’s trade in food commodities has increased by 21%, with a cumulative transaction value of AED 444 billion. In 2020, despite the Covid-19 pandemic having a particular impact on the food and beverage trade, the country’s food and beverage exports still achieved a 3% increase compared to 2019. In the first half of 2021, the country’s trade in food commodities increased by 9% compared to the same period last year.
“Gulfood Manufacturing has established its leading position as a global catering supply chain platform and highlighted the UAE’s position as a regional and global hub. The show has become a rich platform for innovation and digital solutions, using technology to develop food manufacturing and trade Enhanced products, services and solutions. We believe that the exhibition will promote further economic activities and encourage value-added business practices by promoting best practice exchanges, which is consistent with the national goals of the UAE,” Your Excellency said.
“Economic activities related to catering are the key pillars of various comprehensive national strategies aimed at formulating an operational framework and launching projects and initiatives that will contribute to the economic and social development of the UAE in the coming decades. This is in line with the vision of our wise leadership, 50 National principles and the UAE’s 2071 centennial anniversary, and most importantly, an economic diversification strategy aimed at increasing exports and attracting further investment; and 300 billion actions aimed at strengthening the national strategy and food security strategy,” he added.
Your Excellency also emphasized that Gulfood Manufacturing provides an ideal platform for partnerships and discussions about the potential development of the industry, through innovation and technology to solve regional and global issues related to production, manufacturing, sustainability, supply chain, meeting consumer needs and being responsible Related key challenges. Consumer culture.
His Excellency Abdulla Bin Touq Al Marri visited this large-scale exhibition that will last until November 9. The attendees included government officials, international trade representatives and well-known industry representatives.
Together with its three industry-specific regional industry-leading events held in the same location: yummex Middle East, the most mature sourcing platform for the confectionery and snacks industry; a specialty food festival, aimed at the gourmet food and gastronomy industry, and the only own-owned in the Middle East and North Africa Brand and Licensing Exhibition-the only private label and licensing exhibition in the Middle East and North Africa, a large-scale industry exhibition spanning 15 DWTC halls, with 1,250 exhibitors from 55 countries.
This week’s event is a panoramic view of the industry’s future and a high-tech display of industry automation, driving post-pandemic transformations in key economic sectors to meet changing consumer trends, sustainability requirements, logistics challenges, and food safety requirements .
The exhibition provides solutions to transform the industry, which is now one of the three major contributors to the UAE economy, and will solve the industry’s sustainable packaging, automation, and global catering supply chain dilemmas.
Trixie Loh Mirmand, Executive Vice President of Exhibition Management at DWTC, explained: “This is a watershed in the industry. The exhibition and related FoodTech summits will provide first-hand insights into the megatrends and innovations that redefine local, regional and global food manufacturing.”
Highlights of the first day included the opening of the highly anticipated Food Technology Summit agenda and thought-provoking panel discussions on the theme: “Dialogue with Manufacturing Leaders”.
Gulfood Manufacturing’s exhibitor lineup includes many of the world’s leading manufacturing innovators and global food processing and packaging participants who are demonstrating breakthrough production advancements. Visitors can get a first-hand innovation experience through the innovation journey of Gulfood Manufacturing.
Gulfood Manufacturing has six dedicated and interdependent display pillars: supply chain solutions, ingredients, printing and labeling, processing, packaging, and automation and control.
The event continued on Monday, bringing huge business opportunities, a lot of information-rich innovative features, FoodTech Summit conferences, and exploring opportunities in the catering industry after the pandemic.
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