Refreshed maritime sector road map to grow value-add by S$2 billion by 2025
Updated blueprint sets sights on Tuas Port development, nurturing maritime tech startup network
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SINGAPORE has refreshed the Industry Transformation Map (ITM) for the sea transport sector, which counts among its ambitions the development of Tuas Port into the largest fully automated container terminal port in the world, and to grow the sector's value-add by S$2 billion between 2020 and 2025.
The updated plan and targets were announced by Deputy Prime Minister Heng Swee Keat at a keynote address at the opening ceremony of Singapore Maritime Week on Monday (Apr 4).
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