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Building and Construction Authority

Investment Allowance Scheme

Provides a tax allowance for approved fixed-capital investment in productive construction equipment and machinery.

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Facts last checked on , confirm on the agency site before applying.

Recorded status: Accepting applications now — The scheme is available until 31 December 2028; applications must be submitted by 30 June 2028.

Who qualifies

  • Must be registered in Singapore.
  • Applicant must be a construction-related registered business in Singapore.
  • Equipment must be new, feature advanced technology, offer at least 30% trade-level productivity improvement, and be used in Singapore.
  • Minimum total capital investment is S$1 million per application and minimum investment is S$100,000 per equipment item; multiple pieces of equipment may be applied for in a single application.
  • Eligible investments named on the page include automated concrete distribution systems, 3D concrete printing equipment and fleets of construction robots.
  • No supplier contract, payment or third-party commitment for the equipment purchase before application.

What it funds

  • Automation, robotics, equipment upgrades for productivity
  • R&D, product development, prototyping, IP

Costs covered: Hardware, machinery, IT equipment.

Maximum support: up to 50%.

Up to 50% of approved fixed capital expenditure may be offset against taxable income.

Payment: Delivered as a tax deduction, allowance or credit.

How to apply

Submit the Enquiry on Investment Allowance (IA) Scheme through the official BCA route; BCA officers will contact the firm after submission.

  1. Check the equipment, investment and productivity criteria.
  2. Submit the Enquiry on Investment Allowance (IA) Scheme.
  3. Respond to BCA’s follow-up and provide additional supporting documents if requested.

Before applying

  • Do not sign a contract or make payment to a supplier or third party for the equipment before submitting the application.

Documents

  • Enquiry on Investment Allowance (IA) Scheme — Official FormSG enquiry route named on the page; BCA officers contact the firm after submission. Submitting an application does not guarantee approval. Agency document ↗
  • Additional supporting documents (if applicable) — BCA may require these to facilitate evaluation; the application will only be processed once all relevant documents are received.

Contact: https://form.gov.sg/67e4b731615013ea7001dfc7 (Enquiry on Investment Allowance (IA) Scheme; the page links the same form as the contact-BCA route)

Application window: Application deadline; scheme period ends 31 December 2028.

Closes: 2028-06-30

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