Korea Agricultural Technology Promotion Institute Opens Korean Pavilion at Growtech Eurasia 2022

Seoul, Korea, November 21, 2022 /PRNewswire/ — Korea Agricultural Technology Promotion Institute (President An Hao-geun, hereinafter referred to as “KOAT”) said that it will organize and operate the Korean Pavilion at the Agricultural Exhibition (Growtech Eurasia 2022) held in Antalya, Turkey. November 23-26.

Growtech Eurasia 2022 is an international agricultural exhibition that connects Europe, Africaand middle East510 companies from 25 countries participated, 125 countries and 50,000 visitors visited.

At a time when COVID-19 is turning into an epidemic and global exchanges are expanding, KOAT emphasizes that it will promote Korean agricultural technology in the Eurasian stage and serve as a driving force for participating companies to emerge in the global market.

With the support of KOAT, the Korean Pavilion will have a total of 8 leading Korean agricultural equipment companies participating in the exhibition, including 5 agricultural materials companies, 2 smart farm companies, and 1 seed company. It is expected that this participation in the Korean pavilion and marketing activities will be a water-inducing agent for the agricultural field to enter the global market.

This is the 4th time for KOAT to participate in Growtech Eurasia since 2015 and has achieved more than $5 million Amount worth consulting.

In 2015, 123 consultation cases were filed by 10 enterprises, $7.55 million Consulting amount, 10 enterprises recorded 417 consulting cases in 2017, $12.6 million Consulting amount, 10 companies completed 135 consulting cases in 2019, $66.51 million Amount worth consulting.

“Due to rising international oil prices, interest rates and exchange rates, the trading environment for domestic exporters is difficult and opportunities to meet overseas buyers are very limited,” he said. An Hao-geun, president or KOAT

Agricultural Technology Commercialization Transfer Foundation changed its name to Korea Agricultural Technology Promotion Institute March 1, 2022 Maximize the economic chain effect of agricultural technology research and development projects, and promote industrial development by increasing farmers’ income and creating high added value.

Source: Korea Agricultural Technology Promotion Agency