@AGROBiz May/June 2025 | Page 4

04 LOCAL NEWS @ AGROBiz | May-June. 2025

04 LOCAL NEWS @ AGROBiz | May-June. 2025

Semiconductors for food security

MALAYSIA’ S strength in semiconductor manufacturing can become a crucial enabler for innovation in agriculture, particularly in addressing food security.

Speaking at the ASEAN-GCC Economic Forum 2025, Deputy Minister of Investment, Trade and Industry Liew Chin Tong urged Malaysia to expand its semiconductor applications beyond traditional sectors by linking them with agricultural innovation.
He believes this horizontal integration could position the country as a key player in global food resilience.
Liew explained:“ Saudi Arabia and the rest of the world are worried about food security, so we need to think about how to use technology in the food and agriculture sector and link it to who we serve.
“ Previously, we always think about serving just the United States market, but now we have to think about creating food through technology to help the world solve the food security problem.”
Liew noted that while Malaysia may not possess the world’ s most advanced technologies, its ecosystem offers opportunities to support emerging economies in agriculture
and other industries.
“ We may not have the top technology, but if we can create some( technology), it may help countries like Saudi Arabia and Bangladesh and the African continent- thinking along those lines. Hence, Malaysia is in an exciting and unique position,” he said.
Liew also revealed that Malaysia is currently in active discussions with Brazil. This country has shown growing interest in Malaysia’ s semiconductor sector and the
potential for bilateral collaboration.
“ Many of the foreign companies in Penang are now investing in India, so India wants to work with us because of our semiconductor capability and that we have the ecosystem.
“ We hope we can create a lot more technology through what we have and ultimately see ourselves as a trading and technology nation,” Liew added.
Reflecting on his session with leaders from Saudi Arabia, China,
LINKING CHIPS WITH CROPS: Liew Chin Tong speaks during a highlevel ASEAN-GCC session, highlighting Malaysia’ s role in agri-tech and semiconductor integration
and Malaysia’ s private sector, Liew stressed the importance of adapting to a changing global landscape.
“ The world has changed, and we need a different mindset. And in this context, bringing together ASEAN, Gulf Cooperation Council( GCC) countries and China is a brilliant move.
“ What we hope is to see a lot more potential collaboration among these blocks, complementing each other’ s technology and development,” Liew concluded.

Nextgreen enters Libya

NEXTGREEN Global Bhd( NGGB) is extending its reach beyond Malaysian borders, with its biomass-based fertilisers set to be distributed in Libya through a newly signed exclusive agreement.
The group’ s subsidiary, Nextgreen Fertiliser Sdn Bhd, has appointed P Teguh Nextgreen Sdn Bhd— an associate company in which NGGB holds a 49 per cent stake— as its official distributor for the Libyan market.
Under the deal, P Teguh Nextgreen has committed to purchasing up to 25,000 tonnes of fertiliser annually. This includes 20,000 tonnes of NexCompost, a solid fertiliser, and 5,000 tonnes of NexBooster, a liquid formulation developed from oil palm biomass.
Managing Director Datuk Lim
Thiam Huat said the export to Libya marked a breakthrough for the group’ s international ambitions.
“ By introducing NexCompost and NexBooster to North Africa, we are not only expanding our global footprint but also supporting Libya’ s journey towards agricultural resilience by enhancing soil fertility and improving crop productivity as part of a long-term food security effort,” Lim said in a statement.
The move is also supported by a multi-party collaboration aimed at strengthening the local agricultural supply chain in Libya. P Teguh Nextgreen has formalised a supply and purchase agreement with two Libyan organisations— Inbat Global for Importing Agricultural Machinery and Supplies and the
EXPORTING SOIL SOLUTIONS: Libya becomes the first international market for Nextgreen’ s biomass-based fertiliser exports
Fazzan Cooperative Association for Organic Agriculture.
As part of the collaboration, Inbat Global will handle the capital and procurement responsibilities, importing the products into Libya and supplying them directly to Fazzan. P Teguh Nextgreen will manage distribution logistics and serve as the primary contact point on behalf of NGGB.
Fazzan will act as a nonexclusive distributor, helping to spread the products to local farmers and cooperatives throughout Libya.
Moreover, the partnership reflects Malaysia’ s growing influence in supplying sustainable agricultural inputs abroad, particularly in markets seeking organic solutions to restore soil health and ensure long-term food production.- @ AGROBiz