Gaiacor International Enters Into Beef Production Joint Venture
London (Marketwire) - Gaiacor International, PLC (FRANKFURT: VCGN) has entered agreements with Uzman Yatrim Holdings A.S. as well as with Tigra Industrial and Agriculture LTD to jointly develop beef, goat and agriculture projects in Central Asia, Eastern Europe and the Middle East.
Gaiacor's expertise in agriculture and cattle management along with Tigra Industrial and Uzman Yatrim Holdings regional experience in the private and public sectors will be beneficial in organizing and operating these profitable and sustainable projects.
The first phase of the project will consist of a 1,500 acre operation supporting 4,200 cows annually, and will be expanded to 4,500 acres supporting over 9,000 head of cattle annually, within the next four years. The estimated turnover of the herd is every six months. Gaiacor has designed and will establish a management-intensive rotational pasture grazing operation; this is important as good quality feed is vital to producing high end beef products. It will also meet Gaiacor's stated goals of managing sustainable triple bottom line (people, planet, profit) operations.
This project comes at a time when there is significant demand for high quality beef in Central Asia. Regional governments support the expansion and improvement of their domestic beef production by providing subsidies, grants, and favorable debt financing terms. Gaiacor and its partners plan on working closely with government and the private sector to take advantage of all opportunities to ensure a successful operation.
Gaiacor International, PLC is a results-based provider of integrated management solutions to complex problems in emerging markets, adding value for all stakeholders in projects it identifies, develops and manages. Gaiasys™ is Gaiacor's proprietary systems approach for identifying market opportunities, developing bankable projects and successfully managing them once they are launched. Through applying the Gaiasys™ approach, Gaiacor analyzes all facets of a potential project, then designs and implements a positive triple-bottom line (people, planet, profit) solution that leverages proprietary management techniques and intellectual properties to maximize quality and productivity.
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SOURCE: Gaiacor International, PLC