Budget 2026: Gov't pledges $37b in frontier tech under RIE 2030

PM Wong said public R&D spending will remain modest.

Singapore will invest $37b under the Research, Innovation and Enterprise 2030 plan to develop, test, and commercialise frontier technologies, according to Prime Minister Lawrence Wong.

“This reflects our sustained commitment to research and innovation, amounting to around 1% of GDP each year,” he said in his Budget 2026 speech.

Wong emphasised that public research and development spending will remain modest in absolute terms compared with larger economies

Investment will be targeted and strategic, focusing on emerging areas such as decarbonisation solutions and quantum technology.

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SG Budget 2026

Singapore Budget

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