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Projects - Land Development - Ahmad Khalaf - Latitude Developments

Permanent Farms – GCC

Status: R&D Phase

Sector: Land Development | Alternative Investment |Agro

Scope: Market research | feasibility | development strategy | concept creation | joint venture structure

Value: US$ 36,000,000+


The GCC import 50% to 80% of its food.

Food prices are volatile. On the long-term rates will continue to rise. The six countries are highly receptive to food price shocks.

GCC population is growing at a 3.5% rate, much higher than the international standard.

On the contrary, food production is growing at a negative rate.

Net food imports will increase across all countries.

Harsh climate, hot weather, and limited fertile land increase the difficulties to boost production levels.

Fresh water is very scarce in the GCC. The underground water table is depleting quickly due to past domestic and farming use. Most GCC countries will be out of fresh water by 2030, making desalination the only source of water.


Address this issue with an innovative solution. Currently in the final stages of designing its “temperate farm.”

Investors will enjoy a plug and play farming solutions.

The specially designed farms include a combination of vegetable, fruit, and meat production systems.

The Farms can maintain a maximum air temperature of 34 degrees Celsius and water temperature of 24 degrees Celsius extending the productive season by 45-60 days.

The system is 70% more efficient in water consumption in comparison to current alternatives.

The design uses a combination of passive control systems and revolutionary natural solutions.

Power consumption is less than 30% of rival systems.

I tested the method on a smaller scale with high success rates.

I planned the Initial development phase at 40,000 square meters.

I intend to expand it to 40,000,000 square meters.

I am finalizing designs for the first commercial project.

The project is expected to generate a 35%+ IRR.