The three-year agreement brings the association's total sponsorship to more than S$3 million over the past 18 months.
Its president Lee Bee Wah said the bulk of the money will go into the association's seven training zone centres.
The centres are responsible for grooming promising children between the ages of five and 11 for the sport's youth development squad and national youth team.
Each centre can train up to 40 children.
"It is used to engage coaches and open up new zone training centres. Because of the Keppel Corp's sponsorship we were able to open the very first zone training centre in the west," said Ms Lee.
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