Manufacturing in Singapore through the decades
Published Mon, Aug 9, 2021 · 12:55 AM
A LOOK at some of the iconic items made in Singapore across the past few decades shows how much the city-state has evolved. Over the last 60 years, the nation has shifted from creating labour-intensive goods to now providing next generation technologies and high value products.
The strategy to double down on high-value areas, such as the pharmaceutical, tech and medical industry seems to be working. Last year, manufacturing's share of gross domestic product rose to 21.5 per cent, up from 20.5 per cent in 2019, thanks in part to growth in high value-added sectors such as pharmaceuticals and electronics. The Business Times looks back at the nation's manufacturing journey, in commemoration of Singapore's 56th birthday.
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