Why We Started Farmy
We believe that a radical new solution must be implemented to improve food security in Malaysia and we believe that we are on the right track to achieve this here as well as abroad.
Global Scenario
Today
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Water
70% of our global water supply goes to agriculture
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Pesticides
2 Million Metric Tons of Pesticides are used globally each year
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Farmland
30% of arable farmland has been lost due to existing agriculture
By 2050
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Population
10 billion people on the plant
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Urbanization
75% of the population will live in and around cities.
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Food Production
70% more food will need to be produced (more than has been produced in the last 10,000 years)
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In 1960
A farmer fed 26 people: a machine revolution
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Today
A farmer feeds 155 people: a biotech revolution
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By 2050
A farmer will need to feed more than 265 people: a digital agriculture revolution
Domestic Challenges
Supply Side Challenges
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Land Scarcity
Primarily Oil Palm Based
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Primarily Relies on Ageing Smallholder Base
Majority of farmers > 60 years old
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Low Technology Adoption
Lack Economies of Scale
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Logistics and Supply Chain
Reliance on middlemen, high cost of cold chain logistics.
Resulting Scenario
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Impaired Food Security
Impaired Food Security
- Availability and Quantity of Produce
- Vulnerable to shocks such as the Covid19 Crisis
- Food Quality and Safety Standards
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Over Realiance On Imports
Over Realiance On Imports
- Relatively more expensive produce compared to neighboring countries
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Industry Lacks Innovation
Industry Lacks Innovation
- Shortage of young farmers
- Unable to keep up with demand of consumers who seek fresher, better produce
Our Solutions
Benefits of Vertical Farming
95% Less Water
80% Less Labour
87% higher yield compared to conventional hydroponics farming
97% Less Land Required
Food Security Challenges
1: Water
Farmy Solution:
Through hydroponics we use up to 95% less water than traditional farming.
2: Pesticides
Farmy Solution:
We farm with no pesticides ever.
3: Arable Farmland
Farmy Solution:
By, we are able to farm with up to 97% less land than conventional farming.
4: Population
Farmy Solution:
Indoor vertical farming, allows us to increase our per square foot yield of crops by over 30 times versus conventional farming.
5: Urbanization
Farmy Solution:
Our tech allows us to build farms within existing urban infrastructure such as malls, factories and warehouses; this allows to shorten food supply chains which reduces wastage and increases freshness. By being located in urban centers, we are also able to create exciting and viable agriculture job opportunities within the cities we operate in.
Which Of The United Nations SDGs Are Being Addressed
Sustainable development is embedded into our DNA and business model. We believe in the ethos that every little bit counts and that when people and the planet are placed ahead of profits, amazing things will fall into place. We are proud to say that the Farmy model addresses 13 of the 17 United Nations Sustainable Development Goals.
How We Can Work Together
Farmy is actively seeking out investors, customers and strategic partners who share both our concerns and our vision for the future of food. Here are some ways we can work together:
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Investors
As we embark on our journey to improve our reach, we are actively seeking out investors who believe in our vision and who can add value to our mission both in financial and non financial means. Please reach out to us to get a conversation started.
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Commercial Farms
Farmy is always on the look out for suitable farm sites to reach communities in Malaysia and Abroad. Our technology is adaptable to all different types of sites. Reach out to us if you have idle property or land that we can re-purpose to feed our communities.
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Commercial Partnership
If you need it; we can grow it. Work with us to secure your supply chain whether you are a restaurant or pharmaceutical company, Farmy can work with you to consistently grow exactly what you need whenever you need it.
