Meet the M’sian and AEON to open VFs in malls

Added on 14 November 2023

Tags

Meet the M’sian and AEON to open VFs in malls

Image Credit: Agroz Group Sdn Bhd

There’s a reason why agriculture remains as one of the most important industries in any country.

According to the World Bank, it’s crucial to a nation’s economic growth, accounting for 4% of global gross domestic product (GDP). In some developing countries, it can even go as high as accounting for more than 25% of a country’s GDP.

But putting numbers aside, the local agricultural sector is directly linked to the state of a country’s food security. Without stable food production on a local level, countries would have to rely heavily on importing goods.

And as the pandemic has shown, it’s not a feasible solution in the long run. When travels were halted and international borders were closed, the food supply chain was disrupted and exposed more people to the food crisis.

Realising this, serial entrepreneur Gerard Lim started Agroz Group Sdn Bhd—an agritech company focused on using technologies to ensure food safety, food security, and sustainability in the local agriculture sector.

To improve Malaysian food supply

Speaking candidly to Vulcan Post, Gerard shared that he caught the agritech bug about seven years ago. At the time, he was leading Atilze Digital, an Internet of Things (IoT) and data analytics company that implemented solutions for farmers, like smart fertigation systems.