Sarawak welcomes investors from Singapore to transform agriculture sector

Datuk Sri Dr. Stephen Rundi Utom

SINGAPORE (July 7): Sarawak is welcoming investors from Singapore to bring technologies for the transformation of its agricultural sector amid the current disruptions to the global food supply.

At the same time, Singapore can help the state achieve its Vision 2030, said Sarawak’s Minister for Agriculture Modernization and Regional Development, Datuk Seri, Dr. Stephen Rundi Utom.

“Singapore is urged to take advantage of the available resources and incentives provided by Sarawak,” he said in a statement released here today.

To ensure a win-win transformation of Sarawak’s traditional farming community into agropreneurs, Dr Rundi said the state government is encouraging local farmers to adapt to changes and new technologies.

“This will help improve household income to RM6,000 per month by the end of 2030,” he said.

According to the Sarawak Trade and Tourism Office Singapore (Statos), the Sarawak state government recently signed a memorandum of understanding with Sky Urban Solutions Holding Pte Ltd of Singapore to develop modern agricultural projects in the state.

The MoU was signed on July 4, 2022 through his government agency, the Sarawak Land Development Board.

“The MoU is a step forward and currently at least two other Singaporean companies are in talks with Statos to set up their agribusiness production centers in Sarawak,” said Statos CEO Chew Chang Guan.

Statos is an initiative of the Sarawak State Government to strengthen and develop new trade, investment and tourism links between Singapore, Sarawak and the world.

He also said Sky Urban’s modern farming is a relatively new, high-density approach to profitable and reliable farming.

Widely recognized as a pioneer and leading developer of vertical farming technology, Sky Urban’s patented farming system has received local and international design awards and is also a major player in Singapore’s quest to increase the local food supply.

“This technology uses green urban solutions to produce fresh and safe vegetables while occupying minimal land, water and energy resources.

“Vertical farms can be used anywhere because they are not dependent on the availability of large tracts of arable land, and such a system is not limited to vegetables but can also be used for farming fish and shrimp in a controlled environment,” he said.

Statos noted that the current global food supply disruption and crisis has heightened the interest of many countries in increasing their own supplies and diversifying their food supply sources.

“It is no different than Sarawak with only a population of around 2.8 million people. The current supply chain and logistics disruptions have echoed the need for Sarawak to review its own food production so as not to be too dependent on imports.

“Sarawak has the potential to become a major food producer and exporter with the right strategy and planning. Sarawak has vast land and waters and is located on the island of Borneo, which is relatively free from natural disasters,” Statos said.

He also noted that Sarawak needs investors in the agricultural sector, including aquaculture and livestock.

“Sarawak invites investors to introduce modern farming methods that will increase production yields and export these products to Singapore and beyond,” Statos said. – Bernama

Lana T. Arthur