FarmByte, a digital-first agrofood company within the Johor Corporation (JCorp) Group, has officially entered into a memorandum of understanding (MoU) with Archisen, a leading agritech company from Singapore. This strategic collaboration aims to establish a groundbreaking joint venture in urban farming with a focus on creating an automated vertical indoor farm dedicated to producing Asian greens in Johor, Malaysia.
Key highlights of this partnership include:
- Resource Pooling: Both FarmByte and Archisen are committed to combining their resources and technical expertise to drive innovation in urban farming.
- Expertise Sharing: FarmByte will provide the farming infrastructure and local insights, while Archisen will contribute its technical know-how, including indoor farming practices, automation systems, and data analytics.
- Training: Archisen will facilitate comprehensive training for FarmByte’s employees to ensure proficiency in the latest vertical farming technologies.
Vertical farming has gained significant traction in both Singapore and Malaysia due to their growing emphasis on food security and self-reliance. Singapore’s “30 by 30” initiative, which aims to produce 30% of its nutritional needs locally by 2030, has accelerated the adoption of vertical farming. Similarly, the Malaysian government has prioritized increasing local food production and self-sufficiency in key food products like fruits and vegetables.
FarmByte, established earlier this year as part of the JCorp Agrofood Strategic Plan, is committed to modernizing the agrofood sector and enhancing food security in Johor and Malaysia. Adopting a digital-first approach, FarmByte aims to empower farmers to produce high-quality and high-value produce efficiently.
Mr. Syed Aiman Kifli Syed Jaafar, CEO of FarmByte, highlighted the importance of embracing digital tools and innovative farming methodologies to strengthen the agrofood ecosystem and enhance food self-sufficiency.
Mr. Vincent Wei, CEO of Archisen, echoed the sentiment, emphasizing the shared vision of enhancing food resilience through innovation and technology.
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