SINGAPORE — His wife and business associates say he's mad to invest almost a million Singapore dollars in a fish farm, but Singaporean property developer Eric Cheng does not mind a bit.The 35-year-old city boy is confident his foray into aquaculture will make money as seafood-loving, import-dependent Singapore strives to boost local production and enhance its food security.
Soaring food prices in 2008, driven by a global supply crunch, reminded Singapore of its vulnerability and prompted the government to take a fresh look at its agricultural policies and support investors willing to go into farming. Full Story
