World Grain - June 2020 - 10

NEWSREVIEW

Ag-tech innovation center to debut in Israel
ASHALIM, ISRAEL - An innovation center focused on
agricultural technology will be opened shortly as a result of
an agreement between Arieli Capital and the Ramat Negev
Regional Council and Ramat Negev Industries in Israel.
A subsidiary of Arieli, the Eilat Technology Center, will
oversee the establishment of the innovation center. The facility will be located near Ashalim, 25 miles south of Beer Sheba,
in the Negev region of southern Israel.
Areas of specialization for the center will include general
agriculture, desert agriculture, marine agriculture, cannabis
and others. About $5 million will be invested to plan and open
the center, with Arieli taking the lead and with participation
by the Ramat Negev Regional Council and other investors.
Ramat Negev is the largest regional council geographically,
but the area is sparsely populated.
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for the innovation center.
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and mentoring by technology and business experts from the

agriculture and food industries, access to labs and R&D facilities, including the Ramat Negev Agricultural R&D Center."
The Ramat Negev region has been a source for agricultural
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pests, acclimatization and techniques for enhancing producWLYLW\DQGSUR¿WDELOLW\RIFURSV$ULHOLVDLGWDSSLQJLQWRWKHVH
and other regional capabilities will help the innovation center
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and business development.
"The combination between the agricultural know-how of
Ramat Negev and the extensive agricultural lands of the region and the international business infrastructure of Arieli
Capital will lead to the development of major food and agricultural companies on a national and international level," said
Or Haviv, partner and head of innovation at Arieli Capital.
Arieli Capital is a holding company and investment comSDQ\ZLWKR൶FHVLQ1HZ


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World Grain - June 2020

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