MOAC collaborates with the private sector to form 3,000 Smart Farming Hedge Funds for farmers

Stocks News Friday July 3, 2020 13:08 —PRESS RELEASE LOCAL

MOAC collaborates with the private sector to form 3,000 Smart Farming Hedge Funds for farmers Bangkok--3 Jul--MOAC “Agriculture in Thailand is one of the main drives of economic development of Thailand also grassroots of food for the security of the country and to the world. As the majority of Thais in the agricultural industry, MOAC has the policy to create a greater percentage of revenue as profit for large-scale plantations farmers that cover over 400,000 farmers, managing 5 million Rai (1.9 million acres) with 6,000 large-scale plantations plots in Thailand. However, from the spread of Covid-19 causing slowdowns for the distribution network, commodity pricing as well as logistical hurdles of agricultural product directly to consumers both domestic and overseas.” said Mr. Prapat Potasuthon, Deputy Minister of Agriculture and Cooperatives. This statement is in line with urging to scale up support for food processing, transport, and local markets, and to ensure food systems can continue to function by keeping trade corridors open by Mr. Antonio Guterres - the UN Secretary-General. Mr. Prapat further mentioned; hence, MOAC collaborates with the private sector to explore a disruptive solution. By providing big data of the above-mentioned large-scale plantations to Capital Trust Group Limited and its affiliate companies to launch a project "Formation of 3,000 Offshore Smart Farming Hedge Funds for Thai farmers". The investment policy in the Thai agricultural sector by using "mass-produced offshore fund formation strategy" could leverage sustainable agrarian industry in Thailand. This offshore fund is a new channel, which directly bridges farmers/farm operators and institutional investors to create new alternative investments so-called "Smart Farming Hedge Fund" to be available for global institutional investors with total asset under management above US$ 40 trillion. With the past few months, MOAC also launched a project to help farmers that have been affected by Covid-19. Mr. Prapat further mentioned; hence, MOAC collaborates with the private sector to explore a disruptive the private sector will cooperative with Global Blockchain Fund Platform Ltd. SAC to invest information on 3,000 smart farming digital hedge fund to attract active institutional investors as a "food security" alternative investments and also to become the distribution partner of agricultural product from Thailand. New data from Barclay Hedge shows that Hedge fund redemptions by investors skyrocketed in March of this year to US$ 85 Billion (2.7 trillion Baht) amid Covid-19 pandemic fear. The same concern is also causing people to worry about food supplies and production. The Smart farming hedge fund project has the potential to attract institutional investors globally with liquidity on hand. MOAC's policy is to focus on food safety to create consumer confidence. This project could help to direct millions of farmers in Thailand to cross-connect between government, farm operators, investment advisors, as well as institutional investors globally.

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