A presentation by “GOLDEN BARN Inc” (GBK) for

the Government of Republic of Indonesia

Harvesting the Potentialities of World-Standard Rice Production Technologies

Indonesia Agriculture at a Glance

Ref: Bangladesh MOA 2011-2012

The agricultural sector in Indonesia reportedly employs over 40 percent of the national workforce

while contributing approximately 17 percent of GDP. It is one of the pillars of the country’s

economy. Rice is the staple food grain of Indonesia. While ranks 3rd in the world in rice

production, but also one of the top rice importer of the world.

However, in recent

years total rice

consumption has

been rising faster

than production, as

the growth rate of

national rice area

and yield has

faltered.

In 2012 Indonesia will import around

1.45MMT of miller rice. For the 238

million people of Indonesia, the status of

its domestic rice supply is synonymous

with its food security and become the

biggest challenge to overcome

GBK Turnkey Mechanized Rice Cultivation Project could be the best

possible solution to achieve self sufficiency in rice production and

ensure food security for the generations to come

The Challenge

Ref: Bangladesh MOA and CIA Country Report

The Solution

The Company: GBK

Facilities and Location(s)

Objective

Introduction of most modern AgroTechIntroduction of HYV inbred rice (Over 10 MT/HA yield)Introduction of Short Duration Rice Variety (70 Days)

Operations in Taiwan, Cambodia, and Bangladesh

Golden Barn Inc. Pte Ltd, registered inSingapore. HQ in Taiwan. GBK is acompany working dedicatedly for thedissemination of most productive ricecultivation technology. The goal ofGBK is to support the farmersglobally to increase the riceproduction introducing GBK Method,to change traditional croppingpattern by inducting new potentialshort variety of rice and various cashcrops. This advanced eco-friendlytechnology from Taiwan is integratedwith agricultural methods from allover the globe and will be promotedthroughout the world.

The Leadership & Expertise

The Leadership

Mr. Shahdab Akbar, Managing

Director of GBK is an

international businessman

having 30 years of business

experience.

Mr. Shahdab Akbar is working

relentlessly to change the

livelihood of Bangladeshi

framers by implementing an

innovative model of

mechanized agriculture.

GBK Expertise

GBK's researchers have over thirty

years experience in rice-growing,

seedling cultivation and applied

agriculture researches.

GBK mastered the most advanced

rice technology in the world.

The Leadership & Expertise

Huang Che-LiangPresident

Lai Fu-Tsung- Director

Educated in USA, having vast

experience in managing

infrastructure and agriculture

investment management companies.

Concurrent Position:

Bodhi Gang investment Co., Ltd.-Chairman

Beijing sysmoto group Co., Ltd. - Chairman

Lin Ching YuanChief technology Officer

Experiences

Over 30 years experience in working at National Level in Taiwan in agricultural

Mechanization and technological improvements in rice seedling production process

Awards and Honors

In 2010 variety developed by Lin was elected as the "no. 1 in Top Ten Classic Rice”

In 2008 the President of Taiwan awarded him the title "Shen Nong award“ (mean's God of Agriculture).

Educated in USA, one of the most

dynamic Agro Entrepreneur of Taiwan

Concurrent Position

Rich-Power(USA) Investment Group-Preside

Rich-Power(Taiwan) Investment Co.-President

Golden Barn Inc.-President

Golden Barn Khmer Investment co., Ltd.-President

Sintai Creation Inc. – President

Implementing GBK mechanized rice cultivation technology to minimize yield gap and help feed the ever increasing world population while mitigating the adverse impact of climate change, thus ensuring food security for generations to come

2015

People TargetsEnsuring farmer’s level profitability. Generating high tech rural employments.

Process TargetsCreating new cropping cycle and intorduct new variety of HY rices

Strategy TargetsYield Gap minimize and ensure food security

Business TargetsIncrease Production.Reduce Production Cost.

Enviromental TargetsGradually Replace Chemical Fertiliser with Organic Fertiliser.

The Vision

The Technology

ORIGIN OF THE TECHNOLOGY: originated in Japan in 1960, this is the

most advanced and proven mechanized rice cultivation technology in

the world

DEVELOPMENT STAGE: Fully mature technology. Perfected by

decades of intensive research.

FLEXIBILITY: Any rice variety for any climatic zone can be cultivated,

any type of transplanting by various seedling combinations per hill and

various spacing is possible.

ADAPTED COUNTRIES: Japan, South Korea and Taiwan is 98%

mechanized using this technology. China, Malaysia etc are adapting this

technology at an accelerated speed

Highly Advanced mechanized rice cultivation technology which also known as

“Precision Agriculture Technology”

• Mechanized multi stage nursery operation consisting seed soaking and seed treatment to prevent diseases

• Seed placed on trays and Kept in controlled environment for germination

Fully Automated Nursery

• After germination trays are placed on open field for growing for upto 15-20 days.

• Seedlings are rolled as mats and ready for transportation to the farmers land.

Seedling Raising • Seedling of optimal age are transplanted onto farmers land by mechanized rice transplanter

Mechanized Transplanting

The Technology: Flowchart

Efficient use of resources by saving on labor cost

Timely transplanting of seedlings of optimal age

Ensures uniform spacing and optimum plant

Higher productivity compared to traditional methods

No transplanting shock, early vigor of seedling, better tillering and uniform maturity of crop that facilitate timely harvest and reduce harvest losses

The GBK Model: Major Features

GBK vs. Traditional Method

Manual transplanting is labor intensive, time

consuming, and expensive, large number of

workers (25-40/ha) required.

With a transplanter, the same work can be

done by an operator & an assistant. Possible

to transplant more than 2 Ha/eight hours by

4row machine and more by higher capacity

transplanter.

Required very small area (seedling--

transplant ratio is minimum 1:400/Ha)

After 20 days seedlings are transplanted

Seedlings are protected by plastic shading

during natural hazard

Seedling growing requires large area

(seedling--transplant ratio max 1:20/Ha)

Seedling kept in seed bed 30-50 days

Seedling raised at open field, thus cannot

be protected from natural hazard.

GBK vs. Traditional Method

Hand planting results in inconsistent row

distances, hill space, & uneven planting depth

Seedling suffer transplanting shock

Mechanized transplanting ensures uniform

spacing, planting depth & optimum plant density

No transplanting shock

GBK vs. Traditional Method

A.• GBK and its partner

organizations has over 300 experts in Taiwan that an be used to expands operations throughout the world

B.• GBK has its large

scale automated rice seedling nursery and research facility in Taiwan

C.• GBK R&D operation

in Taiwan includes improved High Yield & Short Duarte rice variety, HY Sweet Corn, Sugarcane, Golden Tilapia, Vegetables, etc

GBK Operations: Taiwan

GBK Operations: Taiwan

GBK HY pineapple research GBK R&D facility at Taiwan

GBK high yield Sweet Corn has average yield of

35MT/Ha in 75-80days

GBK Operations: Taiwan

GBK high yield Golden Tilapia pond at Taiwan,

which grows faster in high density pond and can be cultivated every 75days

GBK cow fattening. Each cow will grow to produce 500kg meat in 1.8years

A.• GBK is cultivating

both HY Taiwan variety and local rice variety in Cambodia using GBK’s own technology

B.• GBK is conducting

R&D in Cambodia for production improvement of various local rice varieties

C.• GBK has completed

all necessary preparations to cultivate 10,000Ha mechanically in Cambodia in next cultivation season

GBK Operations: Cambodia

GBK Operations: Cambodia

GBK Cambodia office inaugurated by the Chairman of GBK

GBK officials visiting Cambodia rice field

GBK Operations: Bangladesh a-Strategic-Priority

2012 (Aman Season)Introducing Mechanized Transplantation in BD by

starting pilot scale commercial operation

2012-13 (Boro Season) Full scale commercial operation begins, creating

rural jobs by unique business model

2014Achieving self sufficiency in rice production,

introducing new 70Day HY rice variety, change in crop pattern

2015Achieve rice exporting capability, transform Bangladesh from rice importer to exporter

GBK technology to minimize the yield gap and transform Bangladesh from a rice importer to an

exporter

• GBK is working in collaboration with “Bangladesh Agriculture Development Corporation (BADC)” of Bangladesh Governments Ministry of Agriculture to introduce short duration HY rice variety and gradually transform manual seed production into a mechanical one

BADC

• GBK is working in collaboration with BRAC (the largest grass root NGO in the word) to establish pilot scale 5000Ha Capacity mechanized rice cultivation project in next Cropping Season (Nov2012-Feb2013). Once fully implemented the project is expected to reach over 500,000Ha capacity within next three years

BRAC

• GBK working in collaboration with Rural Development Academy (RDA) of Bangladesh Governments Ministry of Rural Development and Cooperative to implement a 2500Ha Capacity Project in Northern Bangladesh in next Cropping Season (Nov2012-Feb2013)

RDA

• GBK also working with rural entrepreneurs in a Agriculture Franchise Model to implement a 1000Ha Capacity Project in Southern Districts of Bangladesh

KAB

GBK Operations in Bangladesh: Projects & Partners

GBK Bangladesh Operation: Ongoing Aman-2012

Seed soaking treatment

at GBK nursery

Seedling Machine at Operation (seeds are placed uniformly ontray mechanically)

GBK Bangladesh Operation: Ongoing Aman-2012

Sprouted seeds are placed on green field nursery

Seedling Grown at Greenfield Nursery

GBK Bangladesh Operation: Ongoing Aman-2012

15days old Seedling are rolled for transportation

Seedling loaded on truck for transportation

GBK Bangladesh Operation: Ongoing Aman-2012

Transplanting operation inaugurated by the MD of

GBK at BRAC Center

Rice seedlings are transplanted by 4

row walk behind rice transplanter

GBK Bangladesh Operation: Ongoing Aman-2012

Faster growth, healthy plants because of no transplanting shock

Amazing results, dark green healthy plants, disease free

& shiny leaves

GBK Bangladesh Operation: Ongoing Aman-2012

Faster growth, stronger and much higher number

of tillers per hill

Comparison of mechanized and manual transplanting (left field transplanted mechanically and

right field transplanted manually)

9.8 MT/Ha

yield in

80 days

GBK achieved record yield in

rice cultivation in south Asia and South East Asians countries

We have achieved a milestone in

rice cultivation in Bangladesh by

our field trial in BADC Kashimpur

farm by cultivating a new GBK

short duration Inbred rice variety.

The rice was cultivated using GBK

technology and the official yield

was 9.8MT/Ha. Moreover this was

our first field trial and we are

expecting more than 12MT/Ha yield

from this variety.

GBK Achieving Milestone in Rice Yield

Crop Cutting of Record Yield at BADC Farm

Crop Cutting ceremony preside by the Chairman of BADC and MD of GBK.

Sample Official Records of Yield Comparison Rajshahi, Bangladesh: Crop Cutting Report of GBK & Traditional Technology

47.43% more yield by GBK technology

Bogra Bangladesh: Crop Cutting Report of GBK & Traditional Technology

45.71% more yield by GBK technology

On average in Bangladesh farmers get 43% more rice yield by GBK technology

Presenting GBK Achievements to Honourable PM

GBK MD is presenting the achievements of GBK to Honorable Prime Minister Sheikh Hasina

GBK provide technical and technological support to set up agriculture production systems &

infrastructure

GBK provide complete production management service to ensure highly efficient, high yield & low

cost crop production to maximize profitability

GBK Turnkey Rice Production System consists A-Z of rice productions for any rice variety and anywhere in

the world Complete

Agriculture

Solution

What We Can Do: Turnkey Project Solution

GBK Turnkey Solution: A – Z of Rice Cultivation

Seed production

Automated Seedling

Nursery for Seedling

production

Land preparation

for harvesting

Mechanized Transplanting

of seedling

Harvesting

Milling and other post

harvest treatment

Packaging for retail

consumption

Complete agronomics

management

GBK Project for Indonesia

GBK offers to implement a fully mechanized rice cultivation project of 200,000Ha in

collaboration with Indonesia Government as a Public Private Partnership initiative to

solve the challenge of rice demand of current and future times

GBK Project for Indonesia

GBK PPP project collaboration offers most favorable terms and

condition for the Indonesia Government

GBK Project: Benefits for Indonesia

Strategic National Benefit

Indonesia achieve self sufficiency in rice cultivation

Possibility of rice export by introducing GBK technology to general

farmers

National Economic Benefit

Saving of foreign currency that used for rice import

Help improving national BOP (Balance of Payment)

Contribution to National GDP

Increase in total rice production will increase National GDP

Also Contributing by bringing in Foreign Investment

GBK Project: Benefits for Indonesia

National R&D Cost Savings

GBK Technology and HYV will save hundreds of millions of dollar

currently spent for research to increase rice production

Social Impact

Creating new employment opportunity

Ensuring food security for generation to come

Peoples Impact

Making general urban people happy by reducing or stabilizing the rice

price

Making rural farmers happy by spreading introducing GBK

technology for them

GBK is ready to implement a pilot scale project in 5000Ha by the next crop season of

April 2013

GBK can expand that to 25000Ha by the third

cropping season of year started from August 2013GBK project capacity

will reach 50,000 Ha by nest irrigated cropping

season of 2013-14

GBK project will gradually reach 200,000Ha capacity by the end of 2015

GBK Project : The Way Forward

GBK has the Capability to implement project within shortest possible time

The Bottom-line of GBK Technology

• GBK technology ensure at least 25% lower cost of production than contemporary rice cultivation technologies currently available

Lower Costof Production

• GBK technology ensures at least 20% higher production of rice with lower costs

Higher Rice Production

• Because of 25% lowering of costs and 20% increase in productivity the profitability is expected to increase significantly

Increased Profitability

GBK Solution: Excellence in Agriculture Productivity

Proven

• GBK production management technology is the most advanced & most productive, yet low cost production system that is also easy to implement

Reliable

• GBK work in collaboration with world renowned companies to setup production related infrastructures and processing facilities

Flexible

• GBK can provide turn key solution for large agriculture projects ranging from 5,000Ha to 500,000Ha anywhere in the world

Thank You