KUALA LUMPUR, Sept 28 — Key Alliance Group Bhd’s subsidiary, Agrocloud Sdn Bhd, has entered into a joint-venture with Rimbun Daun Ventures (RDV) and Fortifoods Sdn Bhd to develop Rice Information Management System (RIMS), an integrated rice production management platform.
In a statement, Key Alliance said the project is in line with the Federal government’s agenda of addressing national food security by promoting agro technology and precision farming.
This project aims to reduce national farmer subsidies and increasing the overall income of smallholder rice farmers by leveraging on the latest available technologies.
“With food security being an ongoing issue, and with digitisation and technology becoming the main focus of transition to the future, the group views this as a milestone project to increase the awareness of cloud computing systems and Internet of Things (IoT) to enhance a traditional business, focusing on an Offline to Online strategy for small stakeholders,” it said.
Through this joint-venture, Agrocloud Sdn Bhd will be providing a comprehensive cloud system to relay IoT data collected from rice fields for analysis, interpretation and use by governing authorities and smallholder farmers.
Additionally, RDV is contributing a separate paddy-related development project worth RM350,000 into this joint-venture. This project will be in Sekinchan, Selangor, and RDV will be providing an agricultural remote monitoring system as well as aerial crop health monitoring data.
Meanwhile, Fortifoods Sdn Bhd joins the consortium as the on-ground project manager, deploying IoT sensors, and has previously been successful in launching a non-GMO (genetically modified organisms) fortified rice product.