Agribusiness in Malaysia: Some facts and emerging issues

Fakhrul Anwar, Zainol and Noor Muthmainnah, Hamdul Hadi (2019) Agribusiness in Malaysia: Some facts and emerging issues. Journal of Management and Operation Research, 1 (2). pp. 1-8. ISSN 01605682

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Abstract

The paper discusses some facts and emerging issues related in agribusiness industry. Agriculture is the backbone of the people and the economy of the developing countries, particularly in the highly populated countries such as India, China, and South East Asia. The world population will rise to 8.3 billion by 2030 and to 9.2 billion by 2050. By then to feed the growing population, the need to grow doubles the amount of food to keep pace with the escalating food demand. Achieving a sufficient food supply is a global challenge and a complex sustainable development issue to most of the developing countries. Many countries including Malaysia have declared food self-sufficient in their strategy. However, the collective action plan must be developed in order to sustain food security in long term. In that sense, Malaysia cannot depend on ageing farmers anymore; the new breed of farmers or agropreneurs (young, energetic, high-tech, visionary and entrepreneurial) must be groomed. Thus, those will determine the factor affecting talent shortage in Malaysia agribusiness. Hence, the contribution of the finding will give a significant value in this study towards theoretical and practice aspect. The expected outcome of this study is to produce a talent development framework model for agribusiness in Malaysia.

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