As a land-scarce nation with few pure assets, Singapore at the moment produces lower than 10% of its food.
In 2019, the Singapore authorities launched a “30 by 30” plan, with the aim of build up the city-state’s functionality and capability to provide 30% of its dietary wants domestically and sustainably by 2030. Agritech is a key catalyst within the means of reaching this aim.
Singapore’s present food local weather
As of the tip of 2021, roughly 90% of food consumed in Singapore is imported. Although import supply diversification is a technique for Singapore to safeguard its food provide, the reliance on exterior suppliers nonetheless holds danger. Prices might spike unexpectedly, and the worldwide provide chain could possibly be disrupted.
There can be a scarcity of area in Singapore, the place just one% of land is earmarked for rising food. To domesticate food domestically, agritech options that supply compact farming options are the reply. These farms use high-tech programs to extend crop output in restricted area, rising extra food with out demanding extreme assets.
Now, Singapore’s agricultural business is quickly rising because of the adoption of city farming options. According to Trade Data Monitor, the city-state’s complete food and agricultural market dimension in 2021 was estimated to be USD 2.51 billion, with the worth of native food and agricultural manufacturing estimated at USD 261 million.
Vertical farming: An answer to land shortage
Singaporean firm Sky Urban Solutions is changing rooftops into areas the place food is grown. They name their vertical out of doors farm Sky Greens.
Sky Greens is a patented vertical farming system consisting of an A-shaped aluminum body that’s 9 meters tall, with as much as 28 tiers of rising troughs revolving round it. Using a rotating tier-based system ensures that every trough receives uniform daylight, water, and vitamins.
The farming system is automated and every tower solely requires 40W of electrical energy per hour. Sky Green harnesses pure daylight as an alternative of utilizing synthetic lighting, and a trough’s motion is powered by a hydraulic system. Sky Greens yields 5 to 10 instances extra produce per unit space in comparison with conventional farms in Singapore.
Dual farming through aquaponics
A number one firm in Singapore’s city farming sector is World Paradise Farm (WPF), which has developed its patented Smart Recirculating Aquaculture Aquaponics System (Decoupled RAAS), a local weather optimizable system with software program that may monitor development and analyze crops. This permits WPF to implement precision and predictive farming—an method that makes use of excessive know-how sensors and evaluation instruments to extend crop yield.
Like Sky Greens, WPF’s farms are additionally designed to optimize manufacturing per unit space through a vertically stacked hydroponic system. Water loss is minimized as nutrient-rich wastewater is recycled throughout the system.
In January 2022, the corporate mentioned it will ship the primary 40 containers in Q2. It goals to provide 20% of Singapore’s leafy greens domestically by 2024.
Government funding and investments in agritech
In 2019, Singapore-based startups obtained USD 177 million in funding for agri-food tech throughout 37 offers, the best degree amongst ASEAN nations, in accordance with the 2020 ASEAN AgriFoodTech Investment Report. Aside from personal fairness investments, the Singapore authorities has pledged to assist the native agri-food business in its four-year-long Research, Innovation, and Enterprise 2025 (RIE2025) plan. Objectives embrace rising the quantity of food produced per unit space by 100% and reducing the vitality value of indoor farming by 90%.
The Singapore Food Agency (SFA), a authorities company overseeing Singapore’s “30 by 30” plan, has funding measures to assist agritech startups. This features a SGD 60 million (USD 43 million) Agri-Food Cluster Transformation Fund to offer capital to farms to increase their crop cultivation capabilities and capacities. The grant shall be out there to candidates till 2025. In 2019 and 2020, SFA awarded over SGD 23 million (USD 16 million) to 12 initiatives that had been creating options for “sustainable urban food production.”
Overall, the Singapore authorities’s efforts to companion with and put money into food and know-how startups have led to important development in vertical and rooftop farming. The complete worth of native food manufacturing elevated by 13%, from SGD 163.4 million (USD 119 million) in 2020 to SGD 185.2 million (USD 135 million) in 2021.
Despite the progress made over the past 12 months, the federal government’s “30 by 30” is an formidable aim. There’s nonetheless far more work that must be executed, which implies there are many alternatives for enterprising researchers and entrepreneurs to develop options that contribute to enhancing the city-state’s food security.
Strengthening Singapore’s food security through agritech & More Latest News Update
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