Five sub-committees formed to oversee Singapore's future

AT its first meeting on Monday, the 30-member Committee on the Future Economy (CFE) formed five sub-committees - each co-chaired by a government and private-sector representative.

The five sub-committees and their respective co-chairs are:

Future Corporate Capabilities and Innovation: Heng Swee Keat, Minister for Finance, and Teo Siong Seng, chairman, Singapore Business Federation;

Future Growth Industries and Markets: S Iswaran, Minister for Trade and Industry (Industry), and Jean-Luc Butel, president, K8 Global, and senior advisor, McKinsey & Company;

Future of Connectivity: Chan Chun Sing, Minister, Prime Minister's Office and Secretary-General of the National Trades Union Congress, and Mariam Jaafar, partner and managing director (Singapore), Boston Consulting Group;

Future City: Lawrence Wong, Minister for National Development, and Tan Chong Meng, group chief executive officer, PSA International; and

Future Jobs and Skills: Ong Ye Kung, Acting Minister for Education (Higher Education and Skills), and Bill Chang, country chief officer, Singapore and CEO, Group Enterprise, Singtel.

The CFE has been charged with looking into Singapore's next stage of economic development, with a focus on "sustainable growth that creates value and opportunities for all".

It is chaired by Mr Heng. Its members were announced in December last year.