The Korean government plans to establish four new overseas offices in countries across the Middle East, the Commonwealth of Independent States, and Oceania this year. These offices aim to facilitate the exportation of smart farm technology, a sector with growth potential, according to the Ministry of Agriculture, Food and Rural Affairs.
Strategic steps are being taken to strengthen smart farm technology exports by establishing offices in Kuwait City, Almaty, Baku, and Melbourne. These offices will provide essential support to Korean companies entering foreign markets, offering expertise in navigating legal complexities, ensuring safety standards, and addressing feasibility concerns. This initiative comes in response to the surge in smart farm exports and project orders in 2021.
The Korean government, in collaboration with the state-funded Korea Trade-Investment Promotion Agency (KOTRA), has announced plans to introduce four new offices across various regions in response to the increasing popularity of smart farms worldwide. These new offices will complement the existing office in Saudi Arabia’s Riyadh and will aid in the expansion of Korea’s smart farm technology developers into diverse markets within the respective regions.
The new offices will be established in Kuwait City, Kuwait; Almaty, Kazakhstan; Baku, Azerbaijan; and Melbourne, Australia. Additionally, the office in Riyadh, which commenced operations last September, is slated for expansion this year. According to the ministry, these locations were chosen based on data from last year’s exports, the demand for local smart farm support centers, and the project orders received by Korean smart farm companies from overseas.
This initiative follows a notable surge in smart farm exports and project orders in 2021, highlighting the growing global demand for advanced agricultural solutions propelled by artificial intelligence and automation. The growth demanded the need for expanded support infrastructure to facilitate the exportation of smart farm technology and meet the evolving needs of international markets.
The newly established offices will serve as Korea’s technical liaisons between domestic smart farm companies seeking to export their technology abroad and the agricultural needs of foreign cities driven by artificial intelligence (AI) and complete automation.
Additionally, these offices will conduct market surveys to gauge local demand for new smart farm projects, address any challenges faced by Korean smart farm companies in these cities, and actively seek opportunities to promote collaboration between Korean companies and local stakeholders in the smart farming sector.
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