Monsanto have announced that they will dismantle their half-built multi-million dollar GMO seed plant in Malvinas, Argentina, following protests from local citizens over the past 3 years.

Local Malvinas citizens and GMO Free campaigners from across Argentina forced Monsanto to stop the construction of their GMO seed plant in 2014, through well-coordinated protests at the construction site.

Sources from the head office of Monsanto in Latin America told local Argentinian media that the decision has been made to dismantle the controversial seed plant; the unnamed Monsanto spokesman stated; “The plant was designed to treat 3.5 million hectares of maize, however last year only 2.5 million hectares were sown.” Thus, he stated added “an investment of almost 1500 million makes no sense.”

The Monsanto spokesman also conceded that the local pressure and blockade of the construction site by Malvinas residents and environmentalists had been a factor in the company’s decision.