A project survey for building a quinoa production and sales system in the Kingdom of Bhutan was adopted by JICA's "Survey on Problem-Solving Businesses (SDGs Business) in Developing Countries"

Euglena Co., Ltd.

　Euglena Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Mitsuru Izumo), as a "problem-solving business (SDGs business) survey of developing countries" conducted by JICA, "improving income and nutrition of small-scale farmers" in the Kingdom of Bhutan. We are pleased to inform you that the "Kinua Production and Sales Business Survey for Improvement" has been adopted.

　Although the Kingdom of Bhutan is an agricultural country with more than half of its population engaged in agriculture, many smallholders are in poverty due to the large number of mountainous areas and the lack of suitable land for agriculture.
　Under such circumstances, in this survey, we will provide technical guidance on quinoa * cultivation, which can be cultivated stably in highlands, has high nutritional value, and is in high demand in North America and elsewhere. In addition, we aim to solve the food problem in the Kingdom of Bhutan and the poverty problem in rural areas by working on food education related to nutritional value and establishing a value chain for overseas export. This survey will be conducted in cooperation with the Ministry of Agriculture of the Kingdom of Bhutan and the ITOCHU Group.
　In addition, in the People's Republic of Bangladesh, by providing guidance on Japanese agricultural technology, we will cultivate high-quality mung beans by local farmers and build a value chain for selling mung beans inside and outside the People's Republic of Bangladesh. It has been promoted since October 2014, and we plan to utilize that knowledge and know-how in this survey.
　Going forward, we will continue to implement our management philosophy of "Health for people and the earth."
　The details are as follows.
　* Quinoa: A type of millet that grows mainly in South America near an altitude of 3,000 m. It has high nutritional value and has been attracting attention as a health food in Europe, the United States and Japan in recent years.

About business survey of quinoa production and sales system construction in Bhutan Kingdom

■ Outline of the survey: Established a value chain for exporting quinoa by providing technical guidance on quinoa cultivation and post-harvest treatment and dietary education on the nutritional value of quinoa to small-scale farmers in Paro and Haa provinces in Bhutan. By doing so, we aim to improve the income of producers and the nutritional status of consumers.
■ Scheduled implementation period: 2 years from August 2017 to July 2019
■ Approximate amount of subsidy: 49.98 million yen

<About SDGs business>
　A business that contributes to the achievement of the 17 global goals "Sustainable Development Goals (SDGs)" set by the United Nations Headquarters in September 2015 with the aim of creating a sustainable society. This survey was adopted as contributing to the achievement of the goal of "zero hunger" out of 17 items.

<About the mung bean project>
　In the cultivation of mung beans, which are the raw material of bean sprouts and are often eaten in Bangladesh, we have realized the cultivation of better quality mung beans by communicating Japanese agricultural technology to Bangladesh farmers, and purchase and sell mung beans in Bangladesh and Japan. A project aimed at improving income and livelihoods in rural areas suffering from poverty in Bangladesh and improving the food situation in Japan by exporting to Bangladesh. Since October 2014, we have been conducting this at Euglena a joint venture established by the Grameen Krisi Foundation led by our company and Dr. Muhammad Yunus.

<About Euglena Co., Ltd.>
　In 2005, we succeeded in establishing the world's first outdoor mass culture technology for the Euglena In addition to Euglena we are also conducting research toward the production of biofuels. Listed on TSE Mothers in December 2012. December 2014 Market change to the First Section of the Tokyo Stock Exchange.

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-Contact for inquiries from the press-
Euglena Co., Ltd. Public Relations and IR Division