It should be ready from Q2 2021, trade and industry minister Koh Poh Koon said.
Singapore will build a new 18ha Agri-Food Innovation Park in Sungei Kadut that will contain indoor plant factories, insect farms, and animal feed production facilities, trade and industry senior minister Koh Poh Koon said.
According to his speech at the Committee of Supply debate, the ministry is working with both local and overseas industry players to develop this first phase of the park, which will be ready from the Q2 2021, with potential for future expansion depending on demand.
Koh brought this up in response to parliament member Desmond Choo’s inquiry on the development of the food and agri-tech sector which is worth $5t globally.
“Our vision is for Singapore to be a leading urban agriculture and aquaculture technology hub with a food production model that can be exported to the region,” the minister said.
Koh is also leading a multi-agency team that looks at how it can support the agri-tech industry in the areas of industry and enterprise development, R&D, manpower, and regulations.
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