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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