Saudi Arabia Highlights Aquaculture Opportunities at Global Fisheries Forum and Seafood Expo 2024 in Russia
Riyadh, Saudi Arabia – The Kingdom of Saudi Arabia, represented by the Ministry of Environment, Water and Agriculture (MEWA), is set to showcase its burgeoning aquaculture sector and the significant investment opportunities it presents at the Global Fisheries Forum and Seafood Expo 2024. The event is scheduled to take place in Russia.
This participation underscores Saudi Arabia’s commitment to diversifying its economy and its strategic focus on developing a sustainable and robust aquaculture industry. The Kingdom has identified aquaculture as a key pillar in its food security strategy and a significant driver for economic growth, creating jobs and fostering technological advancements within the sector.
The Global Fisheries Forum and Seafood Expo 2024 provides a premier international platform for stakeholders from across the globe to converge, share knowledge, and explore potential collaborations. Saudi Arabia’s presence at this esteemed event will allow it to highlight its favorable investment climate, its advanced infrastructure, and the vast potential of its marine resources for aquaculture development.
Key aspects of Saudi Arabia’s aquaculture sector that will be emphasized include:
- Abundant Marine Resources: The Kingdom possesses extensive coastlines along the Red Sea and the Arabian Gulf, offering vast potential for various types of aquaculture operations.
- Strategic Vision and Support: MEWA is actively implementing a comprehensive strategy to promote sustainable aquaculture, supported by clear regulations, incentives, and facilitations for investors.
- Technological Advancement: Saudi Arabia is keen on adopting and developing cutting-edge technologies in aquaculture to enhance efficiency, sustainability, and product quality.
- Investment Opportunities: The forum will serve as a crucial avenue to attract both domestic and international investment, fostering partnerships in areas such as fish farming, feed production, processing, and marketing.
- Economic Diversification: The growth of the aquaculture sector aligns with the Kingdom’s broader economic diversification goals as outlined in Saudi Vision 2030, aiming to reduce reliance on oil and build a vibrant economy.
By participating in this significant global event, Saudi Arabia aims to forge new partnerships, attract foreign direct investment, and share its experiences and best practices in aquaculture. The Ministry looks forward to engaging with industry leaders, researchers, and policymakers to explore mutually beneficial opportunities and contribute to the advancement of the global fisheries and aquaculture sector.
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mewa.gov.sa published ‘”المملكة” تستعرض فرص الاستزراع المائي خلال المنتدى العالمي لمصايد الأسماك ومعرض المأكولات البحرية 2024 في روسيا’ at 2024-09-17 00:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.