With several farms closing, what is the future for agri in Singapore?

Added on 22 October 2024

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With several farms closing, what is the future for agri in Singapore?

Image by wirestock on Freepik

These days, when wide-eyed entrepreneurs in Singapore approach agri-tech consultant Lionel Wong for help with starting their vertical vegetable farming business, his advice tends to be: “Don’t do it.”

Not that Mr Wong lacks passion for the business. The co-founder of Upgrown Farming has been in the agriculture industry for over a decade, years before the nation touted its ambitious “30-by-30” goal of producing 30 per cent of its nutritional needs by 2030.