The Korean government will establish four new offices in countries in the Middle East, the Commonwealth of Independent States, and Oceania this year to support the exportation of smart farm technology, a sector that holds high growth potential, according to the Ministry of Agriculture, Food and Rural Affairs, Monday.
The government, together with the state-funded Korea Trade-Investment Promotion Agency (KOTRA), said that it will introduce four new offices across the regions as smart farms continue to gain popularity worldwide. In addition to the existing office in Saudi Arabia's Riyadh, the new offices will support the expansion of Korea's smart farm technology developers into various markets in the respective regions.
The new offices will be in Kuwait City, Kuwait, Almaty, Kazakhstan, Baku, Azerbaijan and Melbourne, Australia. The office in Riyadh, which opened last September, will go through an expansion this year. The locations, according to the ministry, have been determined based on statistics from last year's exports, the demand for local smart farm support centers, and project orders that Korean smart farm companies received from overseas.
The offices act as the country's technical bridge between Korean smart farm companies interested in selling their technology overseas and foreign cities' needs concerning farming systems driven by artificial intelligence (AI) and complete automation. These offices will help Korean firms consult with local law firms in these cities to check whether their technological exports are legal, safe, and feasible.
Read more at koreatimes.co.kr