In an attempt to strengthen Penang's position as an investment hub for agritech, foodtech, and other related sectors in Penang, InvestPenang has initiated the establishment of the Penang AgriTech & FoodTech Industry Council
With the primary objective of serving as a collaboration and engagement platform between government agencies and industry players, the council will focus on trends, opportunities, policies, and strategic directions in supporting the growth of agritech, foodtech, and other related sectors in Penang.
The platform will allow council members to share best practices and industry experience, while also providing an avenue for benchmarking, learning and sharing of best practices to broaden their expertise and network. InvestPenang in collaboration with the Federation of Malaysian Manufacturers (FMM), Human Resource Development Corporation (HRD Corp) and Malaysia Digital Economy Corporation (MDEC) on 1 February, co-organised an exhibit and dialogue conference, titled 'Smart Agriculture & Food Manufacturing: Cultivating a Sustainable Future,' serving as a platform to showcase the latest innovations and developments in agriculture and food technologies, addressing challenges posed by extreme climate changes and exploring how modern agricultural practices contribute to global food security.
The full-day conference comprised a dynamic programme of presentations, case studies and panel discussions, covering topics on global trends and policies in food manufacturing and agriculture, the future of human-machine collaborations, smart farming for food security, and financial support and risk management in agriculture and food production.The conference highlighted Penang’s AgriTech and FoodTech capabilities, presented market opportunities and ecosystems for technology transfer, and commercialisation of local R&D products. Moreover, it also provided insights into expected changes in the agricultural and food industry while encouraging participants to anticipate future shifts and challenges.
Experts also showcased their products and solutions, such as spanning drones in precision agriculture, indoor farming with LED technology, human-machine collaboration, and successful smart manufacturing case studies.
For more information, visit: https://investpenang.gov.my/