Joint Sustainability Project between BILDCO and SELTECH Press Release | premargin
Joint Sustainability Project between BILDCO and SELTECH Press Release
·ADX·General Disclosure | General Press Release·February 12, 2026·View on exchange
AI Summary
Abu Dhabi National Building Materials (BILDCO) signed a cooperation agreement with South Korea’s SELTech to develop a sustainable energy and food technology project in Abu Dhabi.
The project will be established on one million square meters of BILDCO-owned land and includes a phased 50 MW solar-agriculture power facility.
A tissue-cultured potato laboratory will be constructed with an annual production target of 300 million seeds for local and international distribution.
SELTech’s integrated photovoltaic agriculture model aims to reduce the potato growth cycle to 70 days, allowing for up to four harvest cycles per year.