Israels agriculture technology companies are seeking business opportunities in Southeast Asia, as countries like Thailand, Vietnam and the Philippines look to the Middle East to boost food production
Agricultural technologies in Israel are exploring business potential in the region, with Israel's irrigation and sprinkler systems finding way for more sustainable agricultural production.
For example, Vietnam is working closely with Israel and under the terms of an agreement, Vietnamese workers will gain experience from Israel's booming agricultural sector. With Israeli-enabled greenhouses in Vinh Phuc, Vietnamese farmers have successfully cultivated crops using hydroponic techniques.
Israeli technologies are set to help Southeast Asia to fight with food security threats due to climate change and supply disruptions due to the pandemic.
With more than a hundred million hectares of agricultural land, some of the ten countries of the Association of Southeast Asian Nations are major producers, suppliers, and exporters of crops and grains, particularly rice, according to the Economic Research Institute for ASEAN and East Asia.
Agriculture and food sector are one of the most vulnerable to the pandemic outbreak, with measures put in place to contain the effects of the pandemic affecting the supply of produce to markets and consumers, both within and across borders, as reported in the Nikkei Asia.