As the world’s population continues to increase, and emerging markets continue to improve economically, hundreds of millions of new consumers every year need ever-greater supplies of food
June 19, 2017
DMCC (Dubai Multi Commodities Centre), the authority on trade, enterprise and commodities in Dubai, today issued a report on food security as part of its Connected Thinking thought leadership programme, titled “Sustainable Food Supply: the Key to Feeding the World”.
Food security has emerged as a growing concern in many parts of the world, with a rapidly growing population, development challenges and climate change. DMCC’s report seeks to underline the need for stakeholders across the supply chain to adapt and address these concerns, as well identify benefits and opportunities.
Sanjeev Dutta, Executive Director of Commodities, DMCC commented: “As the world’s population continues to increase, and emerging markets continue to improve economically, hundreds of millions of new consumers every year need ever-greater supplies of food.”
The report summarises the five key factors that companies operating in the food trade supply chain need to consider when looking expanding internationally, whilst ensuring optimum trading capabilities. The top consideration is location whereby the report highlights the importance of finding a city with world-class seaports, airports and road infrastructure. Additional considerations include expertise, partners, resources and regulations.
Recognising these key factors, the report goes on to highlight the importance of Dubai and DMCC given its strategic location and the major role they play in shaping the future of the global food supply-chain.
Sudhakar Tomar, Managing Director at Hakan Agro, a specialist food business based…