Soongsil University firm showcases smart farming innovation in Cambodia

YBİZ, a company incubated at Soongsil University's Venture and Small Business Center, has validated the commercial potential of a low-cost smart farming model tailored for developing countries. The company successfully established and operated a plant factory within the Good-Link center in Phnom Penh, Cambodia.

The project was a collaboration with Good-Link, a cooperative organization established by the international humanitarian NGO Good Neighbors to foster local economic vitalization and resident self-reliance. YBiZ applied its proprietary smart farm technology and operational expertise to the project, utilizing materials readily available in Cambodia. This approach ensured the model's applicability in rural areas of developing nations.

The initiative rigorously verified the model's performance across various metrics, including crop productivity, operational stability, energy efficiency, and economic viability. A key achievement highlighted is the creation of a sustainable economic structure by directly involving local residents in the cultivation, harvesting, and sales processes. The produce will be supplied to local markets, restaurants, and school cafeterias.

YBİZ also conducted training for local personnel on cultivation techniques and smart farm operations. The operational results and empirical data gathered from this Cambodian project are expected to serve as a crucial case study for expanding into other Southeast Asian and developing country markets. CEO Jeong Seung-baek emphasized the project's significance in creating a sustainable agricultural ecosystem where local residents can operate independently and generate income, expressing ambitions to expand this model across Southeast Asia and Africa.

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This project is significant in that it goes beyond simply building agricultural facilities to creating a sustainable agricultural ecosystem where local residents can operate and generate profits on their own.