Asia’s richest country evaluates potential deployment of nuclear energy

Starting in 2027, with support from international experts, Singapore will conduct a formal assessment aimed at informing any future decision on advanced nuclear technologies. The review will form Phase 1 of the Integrated Nuclear Infrastructure Review (INIR) mission.

Phase 1 of the mission will help the Singapore government validate its progress and keep nuclear capability development on track, using the IAEA’s globally recognized Milestones Approach framework.

A view of the city skyline in Singapore in 2020. Photo by Reuters

Singapore has yet to decide on adopting or deploying nuclear energy. The city-state is tracking global developments and working with international partners to bolster its nuclear safety and regulatory expertise, while exploring all options to reach carbon neutrality.

Its authorities said any eventual decision on nuclear deployment will be weighed carefully against safety, reliability, affordability, and environmental sustainability, tailored to Singapore’s unique national context.

The Southeast Asia’s city-state was named the richest country in Asia and sixth in the world in the 2026 Prosperity Index released by insurance comparison platform HelloSafe, which builds the index from five indicators drawn from the IMF, the World Bank, the UNDP and the OECD: GDP per capita in purchasing power parity, gross national income per capita, the Human Development Index, the Gini measure of income inequality, and the relative poverty rate.

Earlier this year it was ranked by the Economist the world’s second richest country after Switzerland in terms of GDP per capita.

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