The Ports, Customs and Free Zone Corporation (PCFC) has signed a strategic Memorandum of Understanding (MoU) with Cordiant Capital, a global investor in infrastructure and real assets, to enhance Dubai’s agricultural value chain and bolster its food security initiatives.
The MoU, signed at the World Governments Summit 2025 by Sultan Ahmed Bin Sulayem, Chairman of PCFC, and Cédric Garnier-Landurie, Partner and Head of Agriculture Value Chain at Cordiant Capital, will drive collaboration in infrastructure investments, strategic trade corridors, and advanced supply chain solutions.
Key initiatives include the development of next-generation cold chain networks to ensure the freshness and quality of perishable goods, positioning Dubai as a global fresh food distribution hub. The partnership also aims to establish digitally enabled trade routes, reduce transportation costs, and invest in cutting-edge technologies such as IoT sensors, AI analytics, and blockchain tracking systems.
Sultan Ahmed Bin Sulayem highlighted Dubai’s strategic location as a vital link in global food trade and emphasized the importance of reliable supply chains.
“This MoU underscores our commitment to enhancing food security across Dubai and the broader GCC region. By leveraging supply chain optimization and Cordiant’s strategic investments, we will strengthen the agricultural value chain from origin-producing countries to Dubai’s ports.”
Cédric Garnier-Landurie echoed this sentiment, stating that the partnership would drive critical infrastructure investments in agriculture and improve food distribution channels.
This collaboration aligns with Dubai’s long-term food security strategy and follows the announcement by H.H. Sheikh Mohammed bin Rashid Al Maktoum in July 2024 to establish the world’s largest Foodstuffs, Fruit, and Vegetable Market. Cordiant Capital will further support this initiative through its Dubai-centric cold chain logistics equity fund.
News Source: Emirates News Agency
