Green Plus Secures 2.9 Billion KRW Youth Smart Farm Order

Green Plus, a smart farm specialist company, announced on November 20 that it has newly secured an order for a youth smart farm greenhouse to be built in Sangju City, North Gyeongsang Province, with a contract value of 2.9 billion KRW. The greenhouse, which will cover a total area of 2,587 pyeong, will be constructed as an advanced glasshouse for tomato cultivation.

Green Plus’s current order backlog stands at approximately 71.3 billion KRW, marking an all-time high for the company. The pace of growth has accelerated this year due to an increase in orders from local governments and the expansion of youth smart farm projects. As stable orders from the public sector continue, the company’s foundation for mid- to long-term business expansion is also being strengthened.

This project aligns with the government and local authorities’ policy direction to expand support for smart farms to help young farmers establish themselves. The government is increasing its financial and technological support packages, including low-interest agricultural policy funds, smart farm facility modernization funds, and startup capital for young farmers. With these policy supports expanding, public sector orders from local governments across the country are on the rise, and Green Plus is responding stably to the growing demand based on its technological competitiveness and construction experience.

A Green Plus representative stated, “As the government’s efforts to foster smart agriculture intensify, both the speed and scale of youth-centered smart farm adoption are increasing. Based on our expanded order backlog of 71.3 billion KRW, we plan to further accelerate our performance growth, including strong sales and improved profitability.”

This content was produced with the assistance of AI translation services.