NADEC extends MoU with Pure Harvest to build 60,000 sqm hydroponic greenhouses for 4 months

04/07/2021 Argaam

Logo of NADEC

National Agricultural Development Co. (NADEC) extended today, July 4, the memorandum of understanding (MoU) signed last year with Pure Harvest Smart Farms to build and operate high-tech hydroponic climate-controlled greenhouses spanning 60,000 square meters (sqm) for additional four months.

 

The company said in a statement to Tadawul that the extension aims to allow both companies to reach an agreement about the aspects of joint cooperation and the final agreement to build and operate the project.

 

The financial impact will be announced upon completion of construction work and commencement of commercial operation of the project.

 

According to data compiled by Argaam, NADEC signed in November last year a MoU with Pure Harvest Smart Farms to build and operate high-tech hydroponic climate-controlled greenhouses spanning 60,000 sqm.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.