World

S. Korea to invest over 380bn won in smart farm tech through 2027

January 13, 2021
This undated file graphic shows a smart farm. — courtesy Yonhap
This undated file graphic shows a smart farm. — courtesy Yonhap

SEOUL — South Korea's ICT ministry said Wednesday it will invest 386.7 billion won ($353.3 million) to develop smart farms over the next seven years as part of the country's efforts to introduce new technology to the agriculture sector, Yonhap reported.

The Ministry of Science and ICT said it launched a foundation to research and test next-generation smart farm technology, such as big data and artificial intelligence, to develop automated farms with improved productivity and produce quality.

The foundation, jointly operated by the Ministry of Agriculture, Food and Rural Affairs and the Rural Development Administration, seeks to boost current smart farm technology, such as remote farm climate control.

The ICT ministry added that it aims to export the smart farm model to other markets. The smart farm project will use 333.3 billion won in state funds and 53.4 billion won from the private sector. — SPA


January 13, 2021
120 views
HIGHLIGHTS
World
10 minutes ago

12 killed as Thai and Cambodian troops clash at disputed border

World
14 minutes ago

India court pauses acquittal of 12 men in Mumbai train bombings case

World
3 hours ago

Passenger plane with 49 people aboard crashes in Russia's Far East