CYBERJAYA: The Malaysia Digital Economy Corporation (MDEC) and CIMB Islamic Bank (CIMB Islamic) are providing RM25 million micro-financing as an initial funding package to drive the country’s agriculture ecosystem based on digital technology (AgTech).
Starting with an allocation of RM10 million, the programme offers funding of RM20,000 per applicant that will benefit 500 people and encourage farmers to adopt the use of technologies such as artificial intelligence (AI), big data analytics (BDA) and Internet-of-things (IoT)-based applications.