Modernising NCER’s AGRICULTURE SECTOR
To transform and modernise NCER’s agriculture sector, NCIA is adopting the Anchor Company business model to encourage private sector participation in agriculture projects and groom local farmers at the same time.
Under this business model, companies with an excellent track record will be appointed to spearhead strategic agriculture projects in the region via their respective nucleus farms. The Anchor Companies will also be tasked with providing mentorship to contract farmers and purchasing high-quality output from satellite farms through buyback arrangements.
NCIA is also enhancing its signature Estate Management Model (EMM) for paddy cultivation, which entails land consolidation, introduction of smart farming and cash crop integration.