# Bioeconomy sector gets S$118 million initiative over five years

https://mins.news/en/video/86659

- CNA, 2026-10-05 15:08 UTC
- Economy
- Original: https://www.youtube.com/watch?v=tU6Z57MUO04

> Singapore is providing S$118 million to boost its bioeconomy sector through industry initiatives over five years. The sector uses living organisms to make chemicals, materials and ingredients for everyday products. A S$50 million National Centre for Engineering Biology at NUS has also officially opened.