AGRICULTURE & AGRO-BASED INDUSTRY

Strategies to spearhead growth

Agriculture and Agro-based Industry Focus Area Strategies

IMT-GT will implement multi-pronged strategies under the Agriculture and Agro-based Industry Focus Area in order to create a sustainable, inclusive and innovative agriculture sector as well as to use the Focus Area to propel regional economic integration. The strategies are, as follows:

  1. Create an innovative mechanism of collaboration between government, private sector, academia and civil society for technology transfer through capacity building and knowledge sharing
  2. Promote a conducive financial environment for the development and innovation of value added products regionally
  3. Promote high value and knowledge intensive agriculture products (e.g., “Superfruits”), including products that place nutritional safety as a central component
  4. Design and implement cooperatively an educational programme to raise awareness on eco-friendly and sustainable agriculture practices
  5. Encourage the practice of eco-friendly and sustainable agriculture following national and international standards
  6. Promote environmentally sustainable cross-border agriculture value chains
  7. Support the private sector in promoting agriculture products that meet the market demand
  8. Encourage sharing of market information on agriculture products and agricultural product prices within IMT-GT, including through creation of mechanism for sharing of real time information
  9. Recommend agriculture trade regulatory framework for movement of agriculture product throughout IMT-GT/to comply with ASEAN trade regulatory framework
  10. Improve the agro-logistics system across borders
  11. Implement pilot projects to spur cross-border agriculture value chain creations for subsequent upscaling with MSMEs participation

Different strategies may entail different types of intervention which in turn may yield different end results. The following table shows the types of intervention the Agriculture and Agro-based Industry Focus Area strategies and their respective direct contributions to attaining Vision 2036. The key types of intervention include capacity building, knowledge sharing, regulatory reform, research and development, ecolabelling, cross-border value chain development and private sector promotion.