Taiwan vertical farm to invest US$25 million in Britain: UK minister

Taipei,Graham Stuart, minister for investment in the United Kingdom’s Department for International Trade, on Tuesday announced a plan by a Taiwanese company to establish a vertical farming factory in the UK.

YesHealth Agri-Biotechnology Co., which operates a 14-storey vertical farm in Taoyuan City called YesHealth iFarm, will invest 18 million pounds sterling (US$25.47 million) over two years to establish a pilot factory at the National Agri-Food Innovation Campus (NAFIC) in York, “bringing the next generation of food production to UK shores,” Stuart announced at a press conference held at the farm in Taoyuan.

Stuart, who is visiting Taiwan to boost trade links, said YesHealth will become the first such company to expand into the UK market.

Not only are vertical farms more efficient, they are free from pesticides, heavy metals and e.coli, he said. “Truly, it is a model for the future.”

“Our cooperation on the green economy is a perfect example of how Taiwan and the UK can work together, sharing knowledge and expertise to build a brighter global future,” Stuart said at the press conference, which was also attended by Taoyuan City Mayor Cheng Wen-tsan (???).

Source: Focus Taiwan News Channel