news - Hybrid vegetable seed company HFT Seedservices SA expands in Guatemala

HFT Seedservices SA (‘HFT’) has been active in Guatemala since 2010. At a height of 1750m in the province of Jalapa, HFT produces hybrid vegetable seeds for its customers: renowned national and international vegetable seed refinement companies. HFT is able to produce seeds for its clients year-round, which occurs in line with the strictest phytosanitary standards. The basis of HFT’s strategy is after all, Health, Flexibility and Trust, also to be found in company name HFT.

With the support of a EUR 4 mln credit facility of the Fund Emerging Markets Development Aid (FOM-OS), HFT will expand its business in Guatemala after its successful start in 2010. The pilot phase of the project was financed out of the PSI-facility. The expansion plan exists of the construction of extra greenhouses, all equipped with unique high-tech systems and developed by HFT itself. The expansion will create 190 new jobs, mostly for women. Furthermore, HFT actively assists its employees in their personal development and offers medical care and schooling as well. HFT plans to add child care to this in the future.