Made-in-Singapore electric cars a boon for manufacturing sector's future
AS James Rowan, the billionaire entrepreneur and CEO of British technology giant Dyson said this week, the decision on where to produce the company's first electric cars is "complex, based on supply chains, access to markets, and the availability of the expertise that will help us achieve our ambitions".
The fact that Dyson picked Singapore over other locations to build its first automotive manufacturing facility is a significant endorsement of the republic's burgeoning reputation as a high-growth market with an extensive supply chain and a skilled workforce.
Perhaps the more obvious and logical choice for Dyson - famous for its bagless vacuum cleaners, bladeless fans and unconventional hair-dryers - would have been to site its car-making factory at home in the UK (Mr Dyson is a firm Brexit proponent), or even in China (a major global automotive market).