Singapore Budget 2018: Additional $145m for tech skills accelerator over next 3 years

SINGAPORE will put aside an additional S$145 million for the Tech Skills Accelerator (TeSA) over the next three years, Finance Minister Heng Swee Keat told parliament on Monday.

TeSA is a tripartite initiative by the government, industry and the National Trades Union Congress to build and strengthen the digital workforce for the Singapore economy, and to enhance employability outcomes for individuals in the information and communications technology profession.

Mr Heng said the government will expand TeSA into new sectors like manufacturing and professional services, where digital technologies are increasingly important.

TeSA will also support more people to learn emerging digital skills, such as in data analytics, artificial intelligence, the Internet of Things and cybersecurity.

For more Budget 2018 stories visit bt.sg/budget18