SINGAPORE ECONOMY
·
SUBSCRIBERS

Singapore manufacturing value targeted to grow 50% over 10 years

Trade and industry minister calls for more Singaporeans in manufacturing, across all levels, especially key roles

Annabeth Leow
Published Tue, Jan 26, 2021 · 05:50 AM

Singapore

SINGAPORE'S powerhouse manufacturing sector will have to maintain its growth momentum for the next 10 years, under an ambitious goal set out by Minister for Trade and Industry Chan Chun Sing on Monday.

That's as the Ministry of Trade and Industry (MTI)'s latest Manufacturing 2030 vision is for a "more productive" sector that features market-leading companies, including in growth segments such as agri-technology, biotechnology and urban mobility.

Mr Chan set what he called a "very stretch target" of 50 per cent growth value from now to 2030 - a clip that will keep the sector's economic contributions at one-fifth of the…

A NEWSLETTER FOR YOU
Friday, 8.30 am
SGSME

Get updates on Singapore's SME community, along with profiles, news and tips.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here