Investor Presentaiton
REG: High Value Horticulture Development Project
Borrower
Country
Sector
Sub-sector
Approval Date
Commitment Date
ADB
Kunming Hasfarm Flowers (KHF)
Regional
Agriculture
Agriculture products
16 December 2016
1 December 2017
$250 million
7 October 2019
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Key Features:
The project will scale-up and transfer a successful high-value
horticulture business model built on (i) the introduction of climate-
controlled greenhouse technology in tropical highlands in Asia; and
(ii) the integration of its business downstream into distribution in
domestic and export markets.
The project will contribute to at least three targets of the
Sustainable Development Goals: (i) implement resilient agricultural
practices that increase productivity and production, that help
maintain ecosystems, and that strengthen capacity for adaptation to
climate change; (ii) enhance regional and international cooperation
on and access to science, technology, and innovation; and (iii)
significantly increase the exports of developing countries.
The project will promote gender equality by increasing the
proportion of women employees (from 60% in 2015 to 65% by
2020) including in management positions (from 53% in 2015 to 63%
by 2020).
Hasfarm exports more than 50% of its
flowers to Japan using a distribution
platform called Greenwings
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