SEOUL – South Korea’s Science and ICT Ministry today said it will invest 386.7 billion won (RM1.4 billion) to develop smart farms over the next seven years as part of efforts to introduce new technology to the agriculture sector, reported the Yonhap news agency.
The ministry said it has launched a foundation to research and test next-generation smart farm tech, such as big data and artificial intelligence, to develop automated facilities with improved productivity and produce quality.
The foundation, jointly operated by the Agriculture, Food and Rural Affairs, and Rural Development Administration Ministries, seeks to boost current smart farm tech, such as remote climate control.
The Science and ICT Ministry added that it aims to export the smart farm model to other markets.
The country’s smart farm project will use 333.3 billion won in state funds and 53.4 billion won from the private sector. – Bernama, January 13, 2021
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