With the majority of Singapore’s food imported, local production is important to reduce its reliance on food imports. Having homegrown food supply can also provide a buffer in the event of supply disruptions.
Singapore is working towards “30 by 30” — to build up its agri-food industry’s capability and capacity to produce 30% of its nutritional needs locally and sustainably by 2030. To support local farms to grow and expand, the Singapore Food Agency (SFA) has introduced co-funding schemes. For example, a S$60 million Agri-Food Cluster Transformation Fund was launched this year to provide funding support to farms to build and expand their production capabilities and capacities. Over S$23 million in funding was also awarded for R&D in sustainable urban food production.
