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UAE agritech firm Armela eyes new crops as it scales high-tech farming
['Staff Writer']
Zawya.com - All Regional News
UAE-based agritech firm Armela is finalising plans for a horizontal high-tech strawberry facility and evaluating production of baby spinach and blueberries, its founder and chief executive said.
Backed by the UAE-based AWR, Armela operates both horizontal and vertical farms but has stayed away from high-tech vertical farming.
Shah noted that high-tech vertical farming requires higher upfront investment, carries higher production costs and offers limited crop variety compared with horizontal farming.
Moreover, abundant sunlight makes high-tech horizontal farms more cost-efficient and scalable.
He added that UAE banks have shown increasing appetite for agritech financing, reflecting growing confidence in controlled-environment agriculture.