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Turkey's Galata Lokum to invest 2 mln euro in organic farming in Bosnia's Federation
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25 April 2017
On 25 April 2017 SeeNews reported:
Turkish company Galata Lokum plans to invest 4 million marka ($2.2 million/2 million euro) in an organic farming project in Bosnia's Federation, where it will employ 150 people, the entity's government has said. The project, named Galata Garden, will be focused on greenhouse organic production of lettuce, cherry tomatoes, and strawberries, which will be exported to the region and the EU. 'Organic production is a very promising sector in Bosnia and Herzegovina, which has comparative advantages such as fertile land and water wealth,' the Federation's agriculture minister Semsudin Dedic explained. 'There will always be a demand for these products on the EU market.'
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