Tuesday, June 15, 2021

Become part of our community

Left to right: Israeli Ambassador Marco Sermoneta, Antioquia Gov. Luis Perez Left to right: Israeli Ambassador Marco Sermoneta, Antioquia Gov. Luis Perez Source: Gobernacion de Antioquia

Israel Inks US$77 Million Investment Deal for Antioquia Hydroponic Farm Project

Published in general news Written by  November 22 2016 font size decrease font size increase font size 0
Rate this item
(1 Vote)

Antioquia Governor Luis Perez and Israeli Ambassador to Colombia Marco Sermoneta jointly announced November 21 that Israeli companies will invest US$77 million in a novel hydroponic farm project near the town of San Roque in Northeast Antioquia.

The farm project in the El Nus township would produce tomatoes, sweet peppers and other vegetables on a 60-hectare parcel. Project start-up is estimated by early 2018, generating roughly 830 jobs.

Some 80% of what’s described as “high-velocity” vegetable production -- utilizing advanced Israeli technology -- would be destined for export, with the remaining 20% for the domestic market, according to the official press release from Gov. Perez.

The scheme will have “a very positive impact on agricultural production, which has been so neglected [in Colombia],” Gov. Perez added.

Ambassador Sermoneta pointed out that Israel has been forced to develop high technology to support agricultural production because of a relatively hostile local climate.

“We had to do more with less because we lack water resources and our territory is 60% desert,” Sermoneta said. “We had to develop new seeds, new technologies, in order to protect and develop new products, to diversify production, and in this way add value” to farm output, Sermoneta added.

Read 4030 times Last modified on Last modified on November 22 2016

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

Contact US

logo def
Medellin Herald: Find news, information, reviews and opinion on business, events, conferences, congresses, education, real estate, investing, retiring and more.
  • COL (4) 386 06 27
  • USA (1) 305 517 76 35
  •  www.medellinherald.com 
  •  This email address is being protected from spambots. You need JavaScript enabled to view it. 
  • Medellin, Antioquia, Colombia

Medellín Photo Galery

Medellin, contrasting colors and styles by Gabriel Buitrago