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Govt studying need for support measures in M&OE sector

Iswaran says govt will aim to provide appropriate assistance so that the industry does not lose key capabilities

Published Mon, Oct 31, 2016 · 09:50 PM

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    Singapore

    THE Singapore government is deciding whether there is a need to support the beleaguered marine & offshore engineering (M&OE) industry, confirmed Minister for Trade and Industry (Industry) S Iswaran on Monday.

    "The government is studying, in consultation with the M&OE industry and financial institutions, the need for measures for the sector," said Mr Iswaran at the launch ceremony of the Technology Centre for Offshore and Marine Singapore (TCOMS).

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