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SARAWAK welcomes investors from Singapore to bring technologies for the transformation of its agriculture sector amidst the current global food supply disruptions.
At the same time, Singapore can assist the state in achieving its Vision 2030, says Sarawak’s Modernisation of Agriculture and Regional Development Minister Datuk Seri Stephen Rundi Utom.
“Singapore is welcomed to take advantage of the available resources and incentives that Sarawak provides,” he said in a recent statement, Bernama reports.
To ensure a win-win transformation of Sarawak’s traditional farming community into agropreneurs, Utom says the state government encourages local farmers to adapt to changes and new technologies.
“This will help improve the household income to RM6,000 per month by the end of 2030,” he adds.
According to the Sarawak Trade and Tourism Office Singapore (Statos), the Sarawak state government recently signed a memorandum of understanding (MoU) with Singapore’s Sky Urban Solutions Holding Pte Ltd to develop modern agricultural projects within the state.,
The MoU was signed on July 4 through its government agency, the Sarawak Land Development Board.
“The MoU is a step forward and currently, at least two other Singapore companies are in talks with Statos to set up their agri-food production hubs in Sarawak,” says Statos chief executive officer, Chew Chang Guan.
Statos is an initiative of the Sarawak state government to strengthen and develop new trade, investment and tourism linkages between Singapore, Sarawak and internationally.
It also says that Sky Urban’s modern farming is a relatively new and high-density approach to profitable and reliable farming.
Widely recognised as a pioneer and leading developer of vertical farming technology, Sky Urban’s patented farming system has both local and international design awards and is also a major player in Singapore’s quest to increase local food supplies.
Statos notes that the current global food supply disruption has bolstered interest among nations to increase their own supplies.