As part of the government's long-term food security efforts, the Singapore Food Agency (SFA) has awarded a $ 30 million grant to help local farms speed up their egg, leafy vegetable and fish production.
According to the agency, these are the three most commonly consumed foods in Singapore.
The 30 × 30 Express grant was introduced to cover 30 percent of Singapore's nutritional needs by 2030. Currently more than 90 percent of the food we consume is imported and less than 10 percent of the food is grown locally.
The open call for grants, to be launched in the middle of this month, will urge local actors who produce the three types of food to submit their proposals to grow more quickly.
Successful grant applicants can pay the upfront costs to accelerate the expansion of their companies' production capacity within the next 6 to 24 months.
The grant also co-finances productivity-enhancing technology systems. This could potentially create more good jobs for Singaporeans in the food industry and help SMEs.
This ties in with Deputy Prime Minister Heng Swee Keat's ministerial statement on the resilience budget, in which he talked about the government's efforts over the years to address the immediate challenges through a robust, multi-layered strategy to ensure a stable supply of safe food and staple foods Items.
The Covid 19 pandemic has also highlighted the importance of developing local food production capacity to strengthen our food security and resilience in the supply chain.
Selected image source: Singapore Food Agency