Agrigrow, a subsidiary of Batroun-based Robinson Agri, will launch in April, also in Batroun. It will develop a 17 hectares vegetable grafting site in a joint venture with Dutch agriculture company, Grow Group.
Nadine El Khoury Kadi, Chief Operations Officer, said that $800,000 has been invested so far, $600,000 of which is self-funded. A $200,000 Kafalat guaranteed loan was secured to make up the shortfall.
El Khoury Kadi said: "The vegetable seeds will be imported from the Neth...
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