During Budget 2024, the Government announced that the Energy Efficiency Grant (EEG) will be expanded to the construction sector. The EEG aims to support construction firms in their sustainability journey by co-funding investments in energy-efficient (EE) equipment.
The EEG for the construction sector represents an extension of the ongoing initiatives outlined in the Singapore Green Building Masterplan (SGBMP). The grant was developed alongside key industry stakeholders, notably the Singapore Contractors Association Limited (SCAL) and the Singapore Green Building Council (SGBC), whose contributions have been instrumental in addressing the needs of the construction industry. Through the EEG, the Building and Construction Authority (BCA) hopes to drive the adoption of energy-efficient construction equipment among construction firms.
