National Deposit Scheme Announced

NEA announced on 20 Sept 2022 that a national deposit scheme is planned for rollout in 2024.

The proposed scheme aims to increase the recycling rate of beverage containers in Singapore to 80 per cent.

Key points:

• the scheme applies to all pre-packaged drinks in plastic bottles and metal cans between 150ml and 3 litres
• drinks will be labelled with a deposit mark
• consumers will have to pay an additional 10-20 cents “deposit” per container
• they will get that deposit back when they return the container to a beverage container return points
• the redemption will likely be cash or a digital transfer (details not yet public)
• the return point consists of reverse vending machines and some manned counters
• Return points will be set up at all supermarkets that are larger than 200 sqm
• Other possible return locations include convenience stores and community centres

Read the ST article here.