Saudi Arabia is making substantial strides in Agricultural Technology (AgTech), backed by robust government initiatives. With investment plans reaching the billions (The government plans to invest $1 billion in greenhouse technology alone), the government aims to modernize and sustain agriculture in the arid landscapes of the Kingdom. These initiatives are part of a broader strategy to diversify the economy, encourage innovation, and ensure long-term sustainability under the Vision 2030 plan.
The government’s role in the AgTech ecosystem is multi-faceted, ranging from financial support to infrastructural development. This commitment is not new; it dates back to the 1970s when efforts were made to become self-sufficient in wheat production. Although that led to water scarcity issues, the experience serves as a lesson for current AgTech initiatives, emphasizing the need for sustainable practices.