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RedSea In Partnership To Build Greenhouse In Saudi Arabia | |
| Sumita Pawar |
RedSea, the Saudi AgTech business whose one-of-a-kind technology enables commercial farming in hot environments globally, has signed an MoU with the Saudi Downtown Company, a fully-owned subsidiary of the kingdom's wealth fund, the PIF (Public Investment Fund), said the report.
The new partnership allows the two parties to discuss the designing, building, and operation of RedSea greenhouses at SDC locations across the kingdom, allowing the deployment of sustainable agriculture technologies that everyone can benefit from.
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Each downtown project is a mixed-use development that will help improve the quality of life and boost economic growth in 12 Saudi cities by creating attractions that draw people to each place.
"The partnership will enhance the urban living experience through the integration of innovative, sustainable greenhouses into modern city landscapes with original concepts also designed to highlight the rich culture and tradition of each area," it stated.
According to the report, the greenhouses are not only sustainable and include the most advanced technologies, but the facilities will themselves become attractive destinations for visitors in their own right through their creative experiences and culinary-driven offerings. New job and training opportunities for locals can be expected in horticultural management, juice bars, and cafes that will form the ensemble.
This collaboration is aligned with the Kingdom’s vision and quality of life objectives by enhancing green spaces and providing fresh, high-quality produce to local communities.
RedSea provides world-class expertise from a Saudi-made company that ensures a robust and science-based design of innovative sustainable agriculture technologies for very hot climates.
The report said that the company's technologies cover everything from the roots of fruits and vegetables to the top of the greenhouse. These technologies have been tested in the company's 6-ha facility near Riyadh and in its research and development facility at KAUST.
Ryan Lefers, the CEO and co-founder of RedSea, said, "We are excited to announce our collaboration with SDC. The greenhouses are not only sustainable and inclusive of the most advanced technologies, but the facilities themselves are designed as experience centers for community visitors while also providing agriculture education as well as economic advantages."
"We are delighted to be working with key Saudi partners such as SDC to further our mission to feed the world sustainably while significantly scaling our business," he added.