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Aqua Bridge Group and EnerTech Announce Joint Venture at COP28

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Aqua Bridge Group, an aquaculture development company operating across six countries, and EnerTech, a Kuwaiti-sovereign owned investor and developer in the clean energy and sustainable infrastructure sector, launched Aqua Bridge Kuwait on the sidelines of COP28 in Dubai, UAE.

The joint venture aims to decarbonize 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.

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 is primed to address this challenge head-on by leveraging Aqua Bridge Group’s extensive international expertise in aquaculture projects, paired with EnerTech’s innovative 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 burgeoning seafood industry.

Mohammad Tabish, CEO of Aqua Bridge Group (pictured above at right), stated: “Aqua Bridge Kuwait is more than a joint venture; it is a commitment to sustainability and resilience. We are 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.”

EnerTech CEO Abdullah Al Mutairi (seen at left in photo above), commented: “Building a resilient food-water-energy resource nexus requires urgent and innovative action. To do this, we must develop solutions that bridge the interlinked challenges of climate change, population growth, and food insecurity. 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.”

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, the company is committed to fostering global collaboration and knowledge sharing to develop in-country solutions to food security challenges.

EnerTech’s primary focus encompasses four domains: energy and water, recycling and waste management, sustainable agriculture and food security, and clean technology investments. It is actively involved in projects across Latin America, Africa, GCC states and South Asia.