Marine

Kuwait Aqua Bridge Tender

๐Ÿ“„ Tender ID: 498130927 ๐Ÿ“… Published: 12 Dec 2023

๐Ÿ“‹ Tender Overview

The joint venture, Aqua Bridge Kuwait has stated it is poised to decarbonise Kuwait's food supply chains whilst reinforcing resource resilience of aquaculture and fisheries sectors.

Aqua Bridge Group, a company focused on aquaculture development, and Enertech, the Kuwait-based innovator, investor, and developer of end-to-end sustainable solutions, have announced the launch of Aqua Bridge Kuwait on the side-lines of COP28 in Dubai, UAE

The joint venture aims to decarbonise Kuwait's food supply chains, reduce reliance on imports, and fortify its aquaculture and fisheries sectors, in line with the state's national food security objectives, which seek to build a sustainable agri-food system that is equipped to cope with global economic shocks and disruptions.

Plans to decarbonise Kuwait's aquaculture
With more than 90 percent 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 states that it hopes to address this challenge by leveraging Aqua Bridge Group's international expertise in aquaculture projects, paired with Enertech's 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 flourishing seafood industry.

Mohammad Tabish, CEO of Aqua Bridge Group, stated in a press release: "Aqua Bridge Kuwait is 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, added: "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 carried on by saying: "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 is at the forefront of promoting sustainable food security solutions and advanced sustainable agricultural practices. In alignment with the United Nations Sustainable Development Goal 2 to end hunger, and in full support of Kuwait's Vision 2040, Enertech is committed to fostering global collaboration and knowledge sharing to develop in-country solutions to food security challenges.

๐Ÿ” Key Information

๐Ÿ“„
Tender Reference No.
498130927
๐Ÿ“…
Publication Date
12 Dec 2023
๐ŸŒ
Sector
Marine
๐Ÿ“
Notice Type
News
๐Ÿ“
Location
Kuwait

๐Ÿ“ Documents & Downloads

No documents found

๐Ÿท๏ธ CPV

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๐Ÿงญ Quick Facts

Authority N/A
Country Kuwait
State / UT N/A
Tender Type Procurement News
Currency N/A
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