The company is planning 6,5 ha of expansion on the already acquired land plot – on top of the existing production of 15 hectares with a total project cost of 14 M USD. The expansion will allow the company to increase export volumes to traditional export markets using the economies of scale and expand to new markets in a longer term. The excess demand from current off takers gives the opportunity to increase the exports without any additional Sales efforts. The high quality products are highly demanded in different regions and new partners are eager to start cooperation with the Company. The expansion will be at a lower cost than the construction of the previous hectares of the greenhouse. Given the existing service area and other amenities the expansion project will take advantage of the economies of scale.
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