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This would be the largest indoor vertical farm within the Kingdom of Saudi Arabia, and the tallest within the Center East area.
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The farm will provide 2,000 kilograms of recent leafy greens, day by day, to customers in Riyadh and the encompassing space.
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Situated 20 kilometers from central Riyadh, the farm will supply a low-carbon different to imported produce, saving numerous meals miles.
Riyadh, Kingdom of Saudi Arabia–(Newsfile Corp. – December 1, 2022) – Agtech firms, Mowreq (Mowreq Specialised Agriculture Co.) and YesHealth Group (YesHealth Agri-Biotechnology Co., Ltd.) have initiated a three way partnership to develop a community of indoor vertical farms all through the Kingdom of Saudi Arabia. The JV, Vertical Farms Firm, will start by constructing the Kingdom’s largest indoor vertical farm in Riyadh. This primary farm is slated to be absolutely operational by This autumn 2023, offering jobs and wholesome, sustainable produce to the local people.
YesHealth Group and Mowreq Specialised Agriculture
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Mowreq already provides vertically farmed produce to customers in Jeddah, beneath the model identify Janafarm. It employs 15 individuals, producing wholesome and recent leafy greens across the 12 months. As a way to ship on this subsequent step within the Kingdom’s agricultural improvement, Mowreq goals to leverage its expertise and know-how within the Saudi Market, mixed with the expertise and know-how of YesHealth Group.
YesHealth Group presently operates a worthwhile, large-scale indoor vertical farm in Taiwan, and cooperates throughout a number of indoor vertical farms in Europe. Its mixed operations make use of greater than 150 individuals worldwide and produce over 2,500 tons of leafy greens, yearly. The Riyadh farm shall be operated collectively by Mowreq and YesHealth Group throughout a 3-year expertise switch section, coaching native expertise to take over the long-term operations.
Complete funding within the Mowreq and YesHealth Group JV, Vertical Farms Firm, is valued at greater than 100 million Saudi Arabian Riyals, or roughly 28 million US {dollars} on the present trade price. The venture is backed by Saudi enterprise capital and funds.
Consistent with the Saudi 2030 Imaginative and prescient, the companions will create 50 full time jobs on the Riyadh farm, and so they purpose to create extra jobs over the following 5 to 10 years, main improvement of the managed atmosphere agriculture business. Training shall be offered to advance expertise, giving the youth the abilities they want for jobs of the longer term. Continued improvement of the business’s infrastructure will additional diversify the financial system, serving to to make sure meals safety, and promote wholesome existence.
“We constructed the Kingdom of Saudi Arabia’s first indoor vertical farm and now we’re constructing the Kingdom’s largest indoor vertical farm,” says Modar Hisham Nazer, Co-Founding father of Mowreq and Chairman of Vertical Farms Firm. “This huge, new farm that we’re constructing in Riyadh, will allow extra of our compatriots to profit from locally-produced Janafarm merchandise, that are all the time clear, recent, and freed from pesticides.”
“YesHealth Group has overcome the operational challenges of indoor vertical farming in Subtropical Asia,” says Jesper Hansen, CCO of YesHealth Group. “The Center East is our subsequent problem. We’ll information the Riyadh farm by its preliminary section of operation, with the purpose of maximizing output and effectivity on the excessive degree we obtain in our Taiwan farm.”
Riyadh Farm Info
● Location:
Riyadh Industrial Space (2)
● Development Timeline:
Q1 2023 – This autumn 2023
● Constructed Space:
4,500 sq. meters
● Peak of Vertical Farm:
16 meters
● Complete Cultivation Space:
20,000 sq. meters
● Max. Yield:
2,500 kg per day (primarily based on lettuce) >900 tons yearly
● Anticipated Each day Yield:
2,000 kg per day, together with a wide range of lettuces, cruciferous greens, herbs, and edible flowers.
● Automation:
Full course of automation from seeding to harvesting.
● Variety of Staff:
50 full time workers
● Exhibition Space:
Can accommodate >100 guests per day to find out about indoor vertical farming and sustainable agriculture
About Mowreq Specialised Agriculture
Mowreq Specialised Agriculture was co-founded by Dana Enany, Khder Al-Ghamdi, Modar Nazer, and Obeid Bin Zagr in 2019. Mowreq established the Kingdom of Saudi Arabia’s first indoor vertical farm, with a mission of offering locally-grown, secure, clear, and nutritious meals to households, communities, and the nation. Study extra about Mowreq on the official web site [www.mowreq.com].
About YesHealth Group
Based in 2008 by Taiwanese expertise entrepreneur Winston Tsai, and backed by Peter Liu of enterprise capital agency W.I. Harper and Tony Ho of Check Ceremony Group, YesHealth Group is a mission-driven firm, pioneering clear expertise for sustainable and pesticide-free vertical farming. The synergy inside YesHealth Group, between expertise improvement and farm operation, has enabled a number of indoor vertical farms to scale and attain profitability. Study extra about YesHealth Group on the official web site [www.yeshealthgroup.com].
Media Contact
Daniel Cunningham | DDG
daniel.cunningham@ddg.com.tw
+886 2-2311-7007 x406
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/146408
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