AVA to get 10 million dollar boost for food fund
The Agri-Food and Veterinary Authority or AVA will be getting a 10 million dollar boost for the third tranche of its food fund programme.
The food fund was launched in 2009 to help co-fund research and development in local food farming technology, support food diversification and food capability development.
The pre-approved list of farm equipment under the Basic Farm Capability Upgrading has been expanded in the third tranche to include water treatment system for fish and seed sowing machines for vegetables.
Farmers can also now purchase vaccines, feeds, and pesticides to boost productivity and capability.
The application processes for these categories will also be simplified.
This was announced by Minister Khaw Boon Wan at the inaugural food industry convention.
He says the food fund that was launched in 2009 has benefitted over 70 companies and more than 140 projects.
And these projects have increased local farm production by 550 tonnes of fish and over 300 tonnes of leafy vegetables.
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