Successful opening of the First Vertical Farm in Singapore

The tiny, densely populated city of Singapore saw the opening of the first commercial-scale vertical farm. The whole aim of the opening of the vertical farm is to decrease the dependence on food imports for Singapore.

Singapore is a dense city-state of just 274 square miles and almost all of this land is covered with buildings. That leaves little space to grow vegetables. As a result, the city currently only produces 7 percent of its vegetables locally, forcing it to buy from other countries.

Sky Green Farms has developed the vertical farm, which consists of 120 aluminum towers, each extending up almost 30 feet in height. It can produce over 1,000 pounds of three kinds of vegetables per day, all of which are sold in the local FairPrice Finest supermarkets.

While the price of these vegetables is a bit higher than the imported vegetables, it hasn’t stopped local consumers to buy the vertical grown vegetables. Most of the time the vegetables are out of stock due to the high demand. As a result, the company is looking for investors to allow it to produce two tons of vegetables per day. As supply ramps up, economies of scale should also be able to cut the price.