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aws‘账号’(www.2km.me)_Agrobank to make modern farming more attractive to youths

admin2021-11-2018

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Agrobank Bhd covering president and chief executive officer Khadijah Iskandar said: “(This is true)... especially during Covid-19, as we’ve noticed that the (agri-food) sector has been regarded as one of the recession-proof industries and continued to attract interest from this group (the younger generation).

KUALA LUMPUR: While Malaysia constantly imports RM50bil worth of agri-food, namely wheat and corn, the 3D (dirty, difficult, and dangerous) jobs are beginning to attract more young people who shunned them before, Agrobank Bhd covering president and chief executive officer Khadijah Iskandar said.

“(This is true)... especially during Covid-19, as we’ve noticed that the (agri-food) sector has been regarded as one of the recession-proof industries and continued to attract interest from this group (the younger generation).

“As we stand tall to beef up food security in the country, we are thrilled to see that this sector which seemed to be less attractive to the previous younger generations, mainly due to its 3D nature, as well as lower income and returns compared with other industries, is now becoming desirable,” she told Bernama.Khadijah said the idea of more young people venturing into this industry bodes well as the country moves into an ageing nation by 2030.Sharing the data, she said RM23mil in grants was disbursed to 1,159 young agropreneurs under the Agrobank’s Agropreneur Muda (PAM) programme last year compared with RM13.7mil to 764 in 2019.

The PAM programme helps assist young agropreneurs not only in terms of financing and capital to start a business, but also incorporates technical advisory, consultation, training, as well as other relevant skills training.

This ensued after evaluating the financing risks associated with them such as inadequate knowledge, skills, and relevant business experience, apart from not having credit history as key assurance.

Meanwhile, Khadijah said the bank looks ahead in bringing forward the agriculture industry though Industry Revolution 4.0 (IR4.0), making agribusiness an interesting, young and “sexy” career, to inculcate the interest of farming among the younger generation or making it a career or profession being looked up upon.

“We do have business owners who have already adopted the modern farming concept – making full use of the Internet of Things (IoT) as modern farmers and they are doing really well,” she said.

She said modern farming would definitely attract young people, since they would be able to manage their farm from preparing soil for planting until harvesting precisely by simply swiping their smartphone.

“We believe this trend among young people will pick up soon, making farming their career of choice or a family business passed down from generation to generation – it’s just that the new generation adapts and takes it differently.”

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