Nongshim announced on the 13th that it signed an agreement to export smart farms from Saudi Arabia on the 12th. Accordingly, Nongshim has set up a smart farm in Saudi Arabia that can produce Korean strawberries all year round. Previously, the consortium of four companies, Nongshim, Formit, Agro Solution Korea, and MS, signed an agreement with Al Marina Holdings, a local hotel, distribution, and restaurant company in the United Arab Emirates, to install and operate a strawberry smart farm in January.
This agreement was signed with 'Saudi Green House' by a consortium formed by four companies including Nongshim, 'Formit', 'Agro Solution Korea', and 'MS'. Nongshim is responsible for designing and manufacturing the smart farm system. Saudi Greenhouse is Saudi Arabia’s leading agricultural product cultivation and distribution company. The total business size of this smart farm project is $30 million, and Nongshim plans to create new business opportunities worth more than $100 million with high value-added crops in the future.
Nongshim announced on the 13th that it signed an agreement to export smart farms from Saudi Arabia on the 12th. Accordingly, Nongshim has set up a smart farm in Saudi Arabia that can produce Korean strawberries all year round. Previously, the consortium of four companies, Nongshim, Formit, Agro Solution Korea, and MS, signed an agreement with Al Marina Holdings, a local hotel, distribution, and restaurant company in the United Arab Emirates, to install and operate a strawberry smart farm in January.
This agreement was signed with 'Saudi Green House' by a consortium formed by four companies including Nongshim, 'Formit', 'Agro Solution Korea', and 'MS'. Nongshim is responsible for designing and manufacturing the smart farm system. Saudi Greenhouse is Saudi Arabia’s leading agricultural product cultivation and distribution company. The total business size of this smart farm project is $30 million, and Nongshim plans to create new business opportunities worth more than $100 million with high value-added crops in the future.