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Wednesday, April 16, 2014 5:39:37 PM
Pan Global has undertaken a mission to build an all-encompassing green economy around the world. Through its subsidiary, Pan Asia Infratech, the company backs this mission by investing in environmentally-sustainable infrastructure and technology.
One of Pan Global’s existing and forward-looking projects is the development of an experimental hydroponic greenhouse growing operation in Punjab, India. The company means to use a design plan created by Dr. Amanjit Singh Josan, a specialist with experience operating greenhouse facilities in North America and deep ties to the agricultural and academic communities in Punjab, to build its operation. Pan Global retained Dr. Josan last July and tasked him with developing and preparing a preliminary design plan, a market study for a one-acre operation, and a site-specific business plan for its hydroponic greenhouse operation. Dr. Josan’s report, which was completed in the first quarter of 2014, provides:
• A foundation and road map for constructing an hydroponic greenhouse that Pan Global can use to improve and modify growing techniques for certain vegetables under local conditions; and
• A cost-effective strategy for scaling up the greenhouse operation over the long term.
Following the completion of Dr. Josan’s report, Pan Global intends to work with a major North American greenhouse equipment supplier to prepare a detailed design plan. Last October, the company also leased a five-acre parcel of land in Punjab for an initial term of ten years for the express purpose of building and operating its inaugural greenhouse growing facility. The company anticipates the design phase of the first facility will be completed by September 2014, assuming it can secure the necessary financing. During the design and construction phase, the company intends to form relationships with high-end hotels, local chain food retails stores, and other potential customers for its products.
Pan Global is extremely interested in the hydroponic greenhouse growing industry in India for two reasons.
One, even though India currently grows enough food to feed its population, many of the country’s major food-growing regions are faced with major water shortages. Hydroponic systems, which use up to ninety percent less water than traditional methods while regularly yielding an increasing number of crops, would be incredibly beneficial to these regions.
Two, the industry is in its very early stages. At this time, only a few companies are operating hydroponic greenhouses professionally, and many of these companies are engaged in floriculture or flower farming. Pan Global, in contrast, will focus on vegetable crops (initially, peppers, tomatoes and seedless cucumbers) as its preliminary research has indicated that there is a large opening and market for its planned greenhouse vegetable production. Not only would its products be of higher quality but they would be available on a more consistent basis and have favorable ecological attributes, such as little or no chemical fertilizer use and up to ninety-percent less water use.
For more information, visit www.panglobalcorp.com
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