GC FUND

  • Industry

    Agriculture and Logistics

  • Status

    completed

  • Total Investment Size

    US$ 40 M

  • Website

    www.gcfund.ge

Planta Greenhouse

Planta is a modern greenhouse facility that offers a stable supply of fresh vegetables to foreign and domestic markets throughout the year. Total investment to date amounts to US$26.4 million. The construction of 4.5 hectares of modern greenhouse facilities was completed in 2014. In 2015, the greenhouse commenced the production of cucumbers and in the 2015-16 harvest season, the greenhouse surpassed Georgia’s record for greenhouse productivity, reaching over 50 kg/m2. In 2016, the greenhouse was expanded to a coverage area of 11.9 hectares, with most of the newly added facilities dedicated to tomato cultivation.

Cucumbers and tomatoes are in high demand in Georgia and there are considerable imports during the off-season (October to May), creating opportunities for import substitution. Furthermore, there is export potential given relatively high prices in neighboring markets.

The greenhouse has a huge positive impact on the local area, employing 200 workers, mostly from the neighboring towns and villages. In addition, the greenhouse engages experienced Dutch and French agricultural engineers, technology experts and biologists, who meticulously control the production process and train the local workforce.