S. Korea to Invest Over 380 bln Won in Smart Farm Tech Through 2027


South Korea’s ICT ministry said it will invest 386.7 billion won (US$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.

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.

The ICT ministry added that it aims to export the smart farm model to other markets.

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