GreenPlus Signs MOU with University of Queensland, Australia

GreenPlus, a company specializing in smart farm construction, announced on the 9th that it has signed a Memorandum of Understanding (MOU) with the University of Queensland in Australia to establish a "Korean-style Smart Farm Innovation Valley."

From the left, Deborah Terry, Vice-Chancellor and President of the University of Queensland, Jong-gu Kim, Director of Agricultural Innovation Policy at the Ministry of Agriculture, Food and Rural Affairs, and Sun-tae Jeong, CEO of Greenplus. Provided by Greenplus

This agreement marks the first step for GreenPlus to introduce Korean-style smart farm technology to Australia, promote agricultural innovation, and jointly advance research on an industrial strawberry smart farm project. The scope of cooperation includes comprehensive collaboration across smart farming, such as ▲sharing indoor agriculture technology ▲exchange of research personnel ▲manufacturing and testing of smart farm facilities.

The University of Queensland will serve as the lead institution overseeing the Smart Farm Innovation Valley project to be conducted in Queensland next year. In this regard, earlier this month, it held the "Korea-Australia Smart Farm Cooperation Week" together with the Ministry of Agriculture, Food and Rural Affairs to discuss the export of smart farm technology and the potential for new market development. During this event, the "Korea-Australia Smart Farm Cooperation Forum" provided a platform to share smart farm technologies and policies between the two countries and explore ways to introduce the innovation valley model within Australia.

Additionally, beyond this agreement, the University of Queensland has laid the foundation for building the Korean-style Smart Farm Innovation Valley model by signing MOUs with GreenPlus, the Korea Agricultural Technology Promotion Agency, and related companies.

GreenPlus successfully completed the Smart Farm Innovation Valley project in Miryang, Gyeongnam, in 2021 and 2022. Based on this experience, in May of this year, it conducted technology demonstrations and facility tours for officials from the Queensland government, garnering significant interest.

Jung Soon-tae, CEO of GreenPlus, stated, "Through cooperation with the University of Queensland, we have proven that the Korean-style smart farm model can successfully establish itself in the global agricultural market," adding, "We will create a sustainable agricultural environment through smart farming and further strengthen agricultural technology cooperation between the two countries."

He continued, "This agreement will be a crucial turning point in realizing the establishment of the Korean-style Smart Farm Innovation Valley, which was the main purpose of GreenPlus entering the Australian market."