December 12, 2023
Aqua Bridge Group and Enertech launch Aqua Bridge Kuwait to boost local food systems and fisheries
United Arab Emirates-based Aqua Bridge Group, and Kuwait-based EnerTech, have announced the launch of Aqua Bridge Kuwait at COP28 in Dubai, UAE, which aims to decarbonise Kuwait's food supply chains, reduce reliance on imports and fortify its aquaculture and fisheries sectors.
This is in line with the state's national food security objectives, which seeks to build a sustainable agri-food system that is equipped to cope with global economic shocks and disruptions.
With more than 90% of Kuwait's food supply reliant on imports amid rising shipping costs, and much of the local food supply dependent on its fisheries, enhancing food systems capabilities presents a critical sustainable development challenge for the country of 4.4 million people.
Aqua Bridge Kuwait is primed to address this challenge head-on by leveraging Aqua Bridge Group's extensive international expertise in aquaculture projects, paired with EnerTech's innovative agricultural solutions.
The joint venture will focus on projects that not only strengthen local food production in Kuwait but also significantly reduce the carbon footprint of food supply chains, with a special emphasis on the burgeoning seafood industry.
Mohammad Tabish, CEO of Aqua Bridge Group, said "Aqua Bridge Kuwait is more than a joint venture; it is a commitment to sustainability and resilience. We are excited to join hands with EnerTech Holding to lead the development of the aquaculture sector in Kuwait, addressing global challenges in line with the critical climate dialogues hosted at COP28 on environmental stewardship."
Abdullah Al Mutairi, CEO of EnerTech, said, "Building a resilient food-water-energy resource nexus requires urgent and innovative action. To do this, we must develop solutions that bridge the interlinked challenges of climate change, population growth, and food insecurity.
"Our partnership with Aqua Bridge Group marks a vital step in building robust food systems by enhancing local food production in Kuwait, in line with the ambitions of Kuwait Vision 2040 to boost sustainable development efforts.
Al Mutairi added: "EnerTech's collaboration with Aqua Bridge aims to significantly reduce the carbon footprint of our food supply chains and systems, while meeting the increasing regional demand for a sustainable source of seafood."
- EnerTech