Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Koidra enters MoU with Eras Group

Investor and automation supplier want to develop greenhouses in Vietnam

Eras Group, an investment entity in Vietnam, has entered into a Memorandum of Understanding (MOU) with Koidra, a supplier of intelligent greenhouse automation using AI, to initiate a joint venture. This venture is set to develop greenhouse farms that will incorporate Koidra's technology, enhancing agricultural productivity and quality in Vietnam.

"This joint venture is a testament to our dedication to sustainable development and innovation in Vietnam's agricultural sector. Through our collaboration with Koidra, we are confident in setting a new standard for high-tech farming practices that will cater to the evolving needs of the market for fresh and nutritious vegetables, a representative of Eras Group states.

Kenneth Tran, CEO at Koidra, adds, "We are excited to partner with Eras Group. Together, we are eager to apply our intelligent greenhouse automation technology to the production of superior agricultural products in Vietnam."

The signing of the MoU

With this MOU, Eras Group brings to the table its investment acumen and profound understanding of the Vietnamese market, paving the way for the creation of a joint venture that is positioned to elevate the standards of local agricultural practices. This alliance is poised to develop greenhouse facilities that will produce premium-quality vegetables to meet the stringent standards required for export markets.

Strategic collaboration for agricultural advancement
Eras Group's expertise in fostering impactful investment opportunities, combined with Koidra's technological prowess in smart farming, represents a strategic collaboration aimed at advancing the agricultural sector.

The joint venture will focus on integrating Koidra's intelligent solutions for optimized lighting, precise irrigation, and climate control, setting new benchmarks for efficient farming operations in Vietnam.

Focused on sustainable and quality produce
The venture aligns with both parties' commitment to sustainable agriculture, ensuring that the forthcoming greenhouse operations not only boost yield but also prioritize environmental stewardship and resource conservation. The project is envisaged to deliver a consistent supply of high-quality, fresh produce designed to cater to both local consumption and the demands of international markets.

For more information:
Tel.: 1 425 276 8400
[email protected]

Eras Group
[email protected]

Publication date: