The three-year project seeks to reduce greenhouse gas (GHG) emissions, particularly methane, from rice cultivation.
The country grapples with its worst drought in 36 years, which has reduced wheat output by about 40 percent.
A 50 kg bag of local rice currently sells between US$43 and US$53, up from US$30 to US$36 just two months ago.
the 10-year plan seeks to strengthen the adoption of safety and implementation of biotechnology standards across the region.
The government plans to advance projects that maximize the use of agricultural residues, slaughterhouse waste, and animal manure into biogas and organic fertilizer.