New generation hydroponic greenhouse project launched in Mongolia

2022-06-28 12:45:36

Ulaanbaatar /MONTSAME/ As part of the national movement ‘Food Supply and Security’, initiated by the President of Mongolia U. Khurelsukh, Mongolia’s ‘Premium Group’ LLC and South Korea’s ‘Plant TFarm’ have started a project to jointly establish a new generation hydroponic greenhouse.

The opening ceremony of the project was attended by Chief of Staff of the Office of the President Ya.Sodbaatar, President’s Urban and Rural Policy Advisor O.Buyannemekh and other officials.

At the event, Y. Sodbaatar expressed gratitude to the companies for investment and cooperation at a time when President U. Khurelsukh set a goal to meet domestic demand for 19 types of main products over the next five years. He also stressed that he would support the introduction of new methods and technologies, workforce training, strengthening public-private partnerships, as well as any proposals and initiatives of companies in this regard.

Premium Group and South Korean Plant TFarm will invest a total of MNT 50 billion over the next three years to build a 4,700 sq.m greenhouse and 800 sq.m ancillary facilities.

“A hydroponic greenhouse has its advantages, in particular, it will be possible to harvest 60 times more crop per unit area compared to traditional cultivation, replace import products, deliver 2100 kg of leafy vegetables to the capital every day, reuse water, create jobs and improve public education on healthy food,” explained A. Ganhuyag, Chairman of the Board of Directors of Premium Group.      

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