This study examines Singapore’s policies on promoting arts and culture, implemented for the purpose of establishing a cultural nation. For this purpose, it looked at the Renaissance City Project, conducted from 2000 to 2015 as part of the government’s efforts to promote arts and culture. The background and functions of the Singapore Art Museum, included in the project, were also studied. Until the mid-1980s, Singapore prioritized economic development in its national policies, resulting in less attention on arts and culture. To enhance national competitiveness and to overcome its lack of cultural competence, the Singaporean government attempted to establish a new national identity focused on arts and culture. The Renaissance City Project, which was promoted for this purpose, was a policy to foster arts and culture as a core part of the creative industry. The case study of Singapore, which successfully established its national identity as a cultural city through the implementation of arts and culture policies under a long-term vision, has major implications for cultural policies in Korea.