Establishment of Cereals Exchange and Licensed Warehouse Project
Within the project, a licenced cereal warehouse equipped with modern technologies at a capacity of 90 thousand tons is established which also harbours laboratories to conduct product tests and analyses.These enable bulgur and flour processing SMEs located in the city or region to find the relevant raw material throughout the year in a regular, safe and quality controlled manner. Seminars and training events were organised for more than 200 agricultural enterprises and SMEs on licenced warehouses.
When producers hand in their crop to the licenced warehouse, where these are stored in a healthy, insured and safe manner, they are issued with an internationally recognised product document. Enterprises can then use these certificates as a guarantee for the loan and funding they secure from banks. These can also be used as an investment tool.
Thanks to the cereal exchange, producers now can market their product through the exchange and sell it in according to their quality in a much easier way. Enterprises operating in the agriculture based commercial or industrial sectors are able to supply the product of their preferred type and quality at their desired amount with confidence and without investing in the construction of a costly warehouse.
The project enables high-quality production and reduces losses at the storing stage while boosting the income of producers, and thus increases the contribution to national economy.
| Project Budget | Project Owner | Implementation Area | Detail Information |
| 9.5 Million Euro | Şanlıurfa Commodity Exchange | Şanlıurfa | gaplidas.com |
