A new industry demand-and-supply initiative will be implemented to help restaurants and retailers buy Singapore-grown produce with more ease while giving local farmers greater certainty about projected demand. Under the initiative, the commercial supply of vegetables and fish from local farms will be aggregated and processed, and the produce will be distributed to buyers such as retailers and F&B establishments.
The move will help to ease perennial demand-and-supply issues that have plagued the local agriculture industry and give a leg-up to Singapore’s ambition to locally produce 30 percent of its nutritional needs by the year 2030.
Singapore Agro-Food Enterprises Federation Limited (Safef), a non-profit organization made up of local farms, signed memorandums of understanding on Tuesday with food distributor At Fresh and Seafood Industries Association Singapore to jointly boost demand for locally grown vegetables and seafood and processed food made from such local ingredients.
Under the agreements, the three parties will be doing the aggregating, processing, and distributing of supplies. The agreement was signed at the official opening of the high-tech farm Green Harvest at Neo Tiew Harvest Lane. In his speech at the event, Senior Minister of State for Sustainability and the Environment Koh Poh Koon explained the industry-wide problem producers and buyers face.
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