Singapore aiming to become urban agriculture tech hub

Singapore has the "right ingredients" to make it the urban agriculture and aquaculture technology hub in the region, Dr Koh Poh Koon, Senior Minister of State for Trade and Industry, said on Tuesday (Jan 15).

In a keynote speech at the Indoor Ag-Con Asia conference at Marina Bay Sands Expo and Convention Centre, which is being held in Singapore for the fourth time, Dr Koh said Singapore is in a strong position to "catalyse technological and business innovations", as it has a climate for innovation, strong talent base and strategic location which can transform agriculture and aquaculture in the Asia-Pacific region.

"Where arable land is scarce, innovating how we produce food is critical in helping us overcome our farming constraints and better contribute to our food sustainability and traceability efforts," he said.

"Investments in agri-tech can also help to reduce our reliance on food imports and allow us to enjoy seasonal produce while lowering our carbon footprint."

To boost the agri-tech sector, Dr Koh announced that Enterprise Singapore, through its investment arm Seeds Capital, has appointed seven investment partners under Startup SG Equity - a scheme that encourages private sector investment for start-ups.

Read more at The Straits Times (Sue-Ann Tan)

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