Research and development (R&D) is a process intended to create new or improved technology that can provide a competitive advantage at the business, industry, or national level. While the rewards can be very high, the process of technological innovation (of which R&D is the first phase) is complex and risky.
A key strategy for transformative and inclusive growth in ECER’s Agribusiness sector is the Anchor Company Model. This game-changing approach has resulted in rapid modernisation, diversification and scaling of the Region’s agricultural sector, and creation of new jobs and entrepreneurial opportunities for the local population.
ECERDC’s role is to accelerate the implementation of strategic high impact projects and programmes. This is done by complementing existing Federal and State Government efforts through a consultative and collaborative approach to ensure all stakeholder issues are addressed and the particular regional needs are met. The aim is to enable all Rakyat to enjoy the fruits of the Region’s economic growth, and that no community is left behind specifically the B40, youth, women, and Orang Asli communities.