Dr Mahathir said the new policy entails restructuring strategies to expedite modernisation apart from managing demand and supply.
The policy would also streamline government and private sector investment for infrastructure development, human capital building for agriculture, research and development, commercialisation and innovation, he said.
Dr Mahathir said the government would also develop alternative inputs and new sources of income like coconut, water melon, star fruit and durian which have a huge demand locally and globally.
He said the new sources would be exploited via various research and development efforts and other measures, including from the aspect of business models, logistical support in terms of collection and distribution, refrigeration facilities and optimisation of transportation machinery.
“Indirectly, all food sector supply chains will be capitalised to the maximum. Farmers, livestock breeders and agropreneurs will have a new economic frontier, access to a wider market and a distribution chain that is more efficient,” he said.
Dr Mahathir said the agriculture sector will remain important and relevant because it is no longer seen as food production per se but accepted as a vital factor in assuring food security.
“Although food security is interpreted as sufficient supply of food for each citizen at any one time whether locally produced or imported, Malaysia must ensure a huge portion of its supply comes from local farmers,” he said.
Meanwhile, he said the contribution of the agriculture sector to GDP was still small, at just 8.17 per cent or RM37.4 billion last year when in fact it had huge potential.
The Prime Minister also called for MAHA to be the best platform for farmers, breeders, fishermen and agropreneurs to introduce their products and services to the public.