MDEC seeks pledge from banks to microfinance agricultural technology-driven farmers
KUALA LUMPUR: Malaysia Digital Economy Corp (MDEC) is working to get more banks to provide microfinancing for farmers in driving the country’s agriculture ecosystem based on agricultural technology (AgTech).
Chairman Datuk Dr Rais Hussin Mohamed Ariff said CIMB Islamic Bank had pledged RM25 million earlier this month to encourage farmers to adopt the use of technologies such as artificial intelligence (AI), big data analytics and Internet-of-things (IoT)-based applications.
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