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    Uzbekistan

    Turkish Minessi A.S. to invest $500 mn into greenhouse farm in Uzbekistan

    Turkish Minessi A.S. to invest $500 mn into greenhouse farm in Uzbekistan

    Turkish company Minessi A.S. is set to invest $500 mn in the establishment of a large greenhouse farm in the Sirdaryo Region. The regional khokimiyat, or administration, reported on the ambitious project that aims to boost high-tech agricultural practices in the area.

    Photo: Turkish company Minessi A.S. is set to invest $500 mn in the establishment of a large greenhouse farm in the Sirdaryo Region.
    Source: Press service of the Sirdaryo region khokimiyat
    The collaboration was formalized during a meeting between the head of the Sirdaryo regional administration, Akmaljon Makhmudaliev, and Yasin Kaplan, the Chairman of the Board of Minessi A.S. The discussions focused on the implementation of the high-tech agricultural project that promises to bring advancements in crop cultivation and processing to the region.

    The proposed complex project is structured into four blocks, each designated for specific agricultural purposes. One block is slated for the cultivation of strawberries, while another will focus on growing a variety of vegetables. The third block is earmarked for the production of fruits and fruit tree seedlings, and the fourth will be dedicated to the cultivation of flowers and flower seedlings.

    Importantly, each block within the complex will feature dedicated spaces for the processing, sorting, and packaging of the agricultural products. The project goes beyond crop cultivation, as it includes plans for the on-site production of corrugated cardboard and plastic containers.

    The estimated cost of the entire project is a substantial $500 mn, reflecting the scale of investment and commitment to modernizing agricultural practices. Once operational, the complex is expected to provide employment opportunities for up to 750 people, contributing to local economic development.

    The project places a strong emphasis on sustainability and modern solutions for resource efficiency. Energy-saving measures include the utilization of modern energy solutions such as photo panels and wind generators, with future plans for the construction of a power plant with a capacity of 10 MW to cater to the enterprise's energy needs.

    Minessi A.S. has ambitious plans for the international market, aiming to export the products cultivated in the Sirdaryo complex to countries in the Middle East, particularly Saudi Arabia and the UAE. The Uzbek authorities have expressed their full support for the project, recognizing its potential to enhance the region's agricultural capabilities and contribute to the country's economic growth.

    This announcement follows a trend of foreign investments in Uzbekistan's agricultural sector, with a recent report noting a $30 mn investment from a UAE-based company in a berry farm in the Andijan region.

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    17.01.2024, 11:42   Comments (0)   1950
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