Indoor agritech specialist IGS has announced a referral partnership agreement with International Real Estate Partners (IREP), the international facilities management firm. The agreement is specifically focused on indoor vertical farming for the UAE and Saudi Arabian markets.
The agreement will enhance the capacity for IGS to service the Middle East market and bring greater opportunity to secure and deploy vertical farming platforms across the region. IREP’s presence in this market is well established with many existing customers across agriculture, retail and construction. The agreement establishes the opportunity for IREP to refer potential customers and support in the deployment, construction and management of vertical farms.
Ole Mygind, Managing Director of IGS Agri business commented: “The signing of this agreement is a very positive step forward for both IGS and IREP in the future deployment of vertical farming platforms in the Middle East. The imperative need for systems such as ours has been highlighted in the last few weeks as global reliance on complex food supply chains has been dramatically impacted.
“Many countries around the world have plans to secure an independent and sustainable food supply chain. Vertical farming can be a key part of that solution, we believe, particularly in areas where arable land is minimal and there is a high reliance on importing food. These systems offer a secure, controlled environment, independent of weather and location to provide a sustainable, secure food supply across a range of crops.”
Christina Porter from IREP commented: “We have been working with IGS since 2018 to enable its entry into the UAE and Saudi Arabian markets. We wholeheartedly believe that IGS’ vertical farming technology is best-in-class, and with an excellent management team behind it, that it can be the solution that many clients in the region are now looking for to address food security and sustainability. Through this agreement, IREP will work very closely with the IGS management team to ensure that its product penetrates the market here and is delivered in a very effective and efficient way.”
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