Expansion project for essential oil extraction plant

Gatefarm PLC was established in 2016 by domestic investors and engaged in black cumin essential oil extraction. It is basically export-oriented unit and has a great contribution to earning hard currency for the country. The proposed project aims to expand the existing production from 30000 litres/year to 50000 litres/year and work on the supply chain to maintain the quality of the product starting from the farming areas. The expansion project is estimated to be around 2 million US $ , for which the local investor raised capital to the tune of 1.5 million US $. The local investor requires advanced manufacturing technology, the support in purchase of new machinery and equipment, and access to additional international markets. The local investor is looking for international partnership which will not only bring the above support but also infuse equity to the project for much required foreign currency.

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