Turkish & Kuwaiti investors to invest $100m in geothermal greenhouses in Turkey
Turkish and Kuwaiti investors are investing up to $100 million into the development of geothermal greenhouse operations in the region of Sanliurfa, southeastern Anatolia.
Reported this morning from Istanbul/ Turkey by Daily Sabah, Turkish and Kuwaiti investors have invested $100 million in greenhouses in Turkey’s southeastern province of Sanliurfa, Southeastern Anatolia. The region is part of the Southeastern Anatolia Project (GAP) – launched in 1977 as one of the world’s largest and most comprehensive sustainable development projects, including efficient irrigation methods and a water infrastructure development scheme.
With the investment it is aimed to increase the geothermal greenhouse area from 500 decares (500,000 square metres or 50 hectares) to 5,000 decares (500 hectares) by 2023. The greenhouses grow ornamental plants.
The area of Sanliurfa is one of the most important centres for agriculture in Turkey. The goal is to invest $100 million on a 100 hectares area in Karaali with the goal to produce agricultural products for countries in the Gulf region.
With the geothermal potential, as well as solar energy, agricultural land and a sufficient work force it is an attractive area for investment in greenhouse operations.
Source: Daily Sabah