As per the sources, it has been quoted by the Reuters that new rice milling facility worth 140 million dirham and with a storage capacity of 50,000 tons is being planned by the Abu Dhabi-based agribusiness firm Al Dhara Holding and India-based Kohinoor Foods to address supply concerns in the United Arab Emirates (UAE).
AS Al Dahra is the government’s strategic partner on food security matters and all production processes including milling, storing, packing and distribution handled by the joint venture. The UAE relies on imports for 85 percent of its food consumption setting up of such a modern facility is expected to ensure continuous supply of rice and other food items within the UAE countries.
Further in this regard it has been stated that Al Dahra Kohinoor facility will ensure the sustainable and undisrupted supply of essential food commodities into the Emirate (Abu Dhabi). According to Vice Chairman of Al Dhara they are eager to launch operations by the second quarter of 2016. The facility will reportedly be located in the Khalifa Industrial Zone Abu Dhabi (Kizad). According to the data as indicated in USDA estimates UAE to import about 460,000 tons of rice in 2015.