Click here to close now.




















Welcome!

News Feed Item

MENA's Hydroponic Farming Leader, Pegasus Agri-tech Plants Seeds of Expansion

DUBAI, UAE, April 24, 2014 /PRNewswire/ --

                  

  • First Commercial Hydroponic Farm in Saudi Arabia 
  • 20,000 SQM Facility will use 80% Less Water 
  • Farm to produce 1400 tonnes per hectare p.a. through Vertical Farming 

Pegasus Agri-tech, MENA region's largest commercial operator of hydroponic farming facilities announced its expansion with plans to build the first commercial hydroponic farm in Saudi Arabia. The expert has announced entering the country with 20,000 square meter hydroponic farming facility that will produce 1000 times more produce through vertical farming technique outputting 1400 tonnes of more produce per hectare p.a.

     (Logo: http://photos.prnewswire.com/prnh/20140331/678017 )

Pegasus Agritech has said, "There is rapid growth in Global Food Market and it is time that nations become self-sufficient in its agriculture production. In Saudi Arabia, arable land is very limited; therefore, it is highly challenging for it to produce adequate food. Saudi Arabia imports 95% of their fresh fruits and vegetables for which the nation is paying massive premiums, as a consequence burdening its economy.  For the regions where natural resources are a question in supporting agricultural growth, commercialization of hydroponic farming is the viable answer."

Pegasus Agri-tech is already finalizing negotiations on the land where it plans to produce lettuce, tomatoes, basil, thyme and rocket. In addition to state-of-the-art hydroponic farming facility, the company is committed to bring the produce to its consumers through a solid supply chain, which is still lacking in the country. This will also enable timely distribution of fresh produce ensuring best price for its investors.

"The hydroponic technique is highly sustainable; a onetime infrastructure investment can bring 100 years of returns. The growth of high yield crops means, returns on investments are made quickly. And with 80% less water usage and efficient utilization of land, we can confidently assure that hydroponic farming is a win win situation for all." added Karen Alcantara.

Pegasus Agri-tech has already planned hydroponic projects and farming facilities all over the MENA region, including UAE, Oman, Qatar, Tunisia, Iraq and Afghanistan. Most of these countries suffer from a lack of arable land as well as climate that are unsuitable for the traditional agriculture techniques.

The farms of Pegasus Agri-tech produce high quality crops through its modern hydroponic and water saving techniques, along with European technology and management systems. A further network of 300 acres of hydroponic greenhouses is also planned in MENA region, thus becoming the biggest hydroponic farming operator in the region.

About Pegasus Agri-tech: 

Pegasus Agri-tech is one of the largest owner's and operator's of hydroponic farming facilities in the Middle East and Northern Africa (MENA).

Pegasus Agri-tech continues to lead the countries of the Gulf Cooperation Council (GCC) in technologically advanced farming techniques and clean and ethical farming practices that produce fresh, healthy fruits and vegetables. This produce is among the best available anywhere in the world but it is grown in the MENA region with an aim of helping these countries attain future food security.

In 2012, GCC food imports stood at 26.6 Billion USD. Currently, nearly 98% of the food in the GCC is imported. Pegasus Agri-tech intends to change this. By 2025, we are looking to be able to provide at least 25% of fresh produce to the GCC.

To know more please visit http://www.pegasusagritech.com.

For further information please contact:
Karen Alcantara
Office Manager
Pegasus Agri-tech
Email: [email protected]
Phone: +971-48-188-300


SOURCE Pegasus Agritech

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with ...
The Cloud industry has moved from being more than just being able to provide infrastructure and management services on the Cloud. Enter a new era of Cloud computing where monetization’s services through the Cloud are an essential piece of strategy to feed your organizations bottom-line, your revenue and Profitability. In their session at 16th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, discussed how to easily o...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. The DevOps approach is a way to increase business agility through collaboration, communication, and integration across different teams in the IT organization. In his session at DevOps Summit, Chris Van Tuin, Chief Technologist for the Western US at Red Hat, will discuss: The acceleration of application delivery for the business with DevOps
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, S...
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
"Alert Logic is a managed security service provider that basically deploys technologies, but we support those technologies with the people and process behind it," stated Stephen Coty, Chief Security Evangelist at Alert Logic, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
"ProfitBricks was founded in 2010 and we are the painless cloud - and we are also the Infrastructure as a Service 2.0 company," noted Achim Weiss, Chief Executive Officer and Co-Founder of ProfitBricks, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
"We specialize in testing. DevOps is all about continuous delivery and accelerating the delivery pipeline and there is no continuous delivery without testing," noted Marc Hornbeek, Sr. Solutions Architect at Spirent Communications, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.