Under the terms of the agreement, Stevia Corp will supply stevia seedlings and additional products and services utilizing the G-Farm system and Stevia Corp will also have rights to off-take the non-stevia crops produced by inter/multi-cropping as part of the G-Farm system.
This agreement provides Stevia Corp with its first major customer for its farm management services and technologies. SVC is currently growing stevia on a trial basis under a supply contract with Stevia Corp in a number of areas in North Vietnam.
In what is considered a significant investment, SVC is dedicating nine agronomy graduates to the project. SVC understands that their ability to learn and implement the proprietary protocols under development by Stevia Corp and its technology partner Agro Genesis will yield major economic dividends when large scale commercial production of the crop is underway, the company said.
Source: Stevia Corp
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