Singapore opening up land and opportunities for agri-tech ventures

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Singapore opening up land and opportunities for agri-tech ventures
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Singapore wants a bite of the $5 trillion global food and agri-tech pie, and is putting its money where its mouth is. It is opening up land, giving out grants and increasing education opportunities for those who want to join the sector.. Read more at straitstimes.com.

Singapore wants a bite of the $5 trillion global food and agri-tech pie, and is putting its money where its mouth is. It is opening up land, giving out grants and increasing education opportunities for those who want to join the sector.

He has even created his own hybrid aquaponic farm to rear fish and grow vegetables. Here, vegetables are grown stacked above fish tanks to cool them, while water used for the fish is filtered and pumped back into the system to water the vegetables.

The push into agri-tech will not only help make Singapore more self-sufficient in producing its own food, but will also create new job opportunities as well as the chance to supply high-value solutions for urban farming to other countries. And Temasek Polytechnic will be launching a Centre of Innovation in Aquaculture, which will pull together resources, intellectual property, infrastructure and expertise which companies and practitioners can tap to deepen their capabilities.

"We are talking about a whole new industry here, and we are in a very good position to create something to benefit the world," he said.

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