Companies that are interested to optimise land use through domestic or overseas relocation can tap on the Land Productivity Grant (LPG) to defray part of the initial cost arising from the relocation. The supportable cost components would be one-time, non-capital expenses related to the relocation.
Funding support for approved projects will be between 10% and 70% of the qualifying costs, and is dependent on the amount of land freed up and the remaining lease term
Qualifying costs include:
Local and foreign enterprises can apply for LPG if they meet the following criteria:
Applications will be assessed by the Economic Development Board (EDB) or Enterprise Singapore.
To apply, please log on to the Enterprise Singapore Grant Portal with your CorpPass.
For more information, contact us at +65 6898 1800 or email@example.com.