Singapore‘s Environmental industry gets boost Email
Written by Grant Ferrier  Updated on 19 July 2009  

Worth approximately S$1 trillion (US$600 billion) globally, the environmental industry has been
earmarked by Singapore as a strategic growth area to help the country diversify its economy. In early 2007, Singapore heralded its entry into the clean energy race as Prime Minister Lee Hsien Loong
announced a $170 million research fund for the industry. The Economic Development Board (EDB) soon
unveiled a more detailed $350 million blueprint - for research and development, testing and pilot projects in clean energy.

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