Palli Group Announces Plans to Expand Innovative Cold Storage Facilities

March 19 09:11 2015
Company Turns to IndieGoGo to Raise Funding to Promote Expansion Efforts

Dhaka, Dhaka District, Bangladesh – March 19, 2015Palli Group, trusted partner in local and international trade for globally sourced commodities, has been in the business for over 15 years. Now they plan to expand their Cold Storage Plants for potatoes, wheat, and other vegetables to other parts of the world, along with refinancing the current storages already in place. The company has turned to the IndieGoGo community to raise $150,000 by March 27th, 2015.

Currently, the cold facilities mainly serve potato farmers around the world. Palli Group originally set up operations in Northern part of Bangladesh. In this area, it is easier to access land and water. The famers are given full access to cold storage facilities, along with other agricultural products.

Cold Storage facilities helps keep produce fresh for longer, which helped the farmers maintain a stable income and no longer needed loans to store their crops. The facilities also ensured quality produce with minimal work. Now the organization plans to expand their modern Cold Storage units to other places in the world so other farmers can take advantage of the amazing financial benefits.

Funds raised from the campaign will go towards refinancing existing Cold Storage Projects and invest in expansion efforts. There are also plans to establish quality storage/silo projects. With each storage facility, it will help provide fresh produce for starving countries and generate employment to stimulate the economy. The project aims to promote socio-economic in the most efficient and effective way. 

To make a contribution, please visit the IndieGoGo campaign or click here. A portion of the profits made each year will be paid back to the supporters. The expected turnover for this project is $4.64 million by the year 2016. 

Remember this is an “all-or-nothing” deal. If they don’t receive enough funding, then it can be years before the Cold Storage Units can become available for other farmers to take advantage of. For those who cannot give, please share this on Facebook, Twitter, and other social networks. Spread the word about the amazing opportunity!

Media Contact
Company Name: Palli Himagar Pvt. Ltd.
Contact Person: Mosharaf Hossain
Email: [email protected]
Phone: +88-02-7117101
Country: India