Technology not an evil in Singapore's sustainability journey, but a valuable partner

TECHNOLOGICAL innovation has not only transformed the societies we live in, it has also helped businesses improve processes and efficiencies while growing their offerings.

Technology and innovation will remain key drivers of future economic growth around the world. In our region, Asean is set to be the world's fourth-largest economy by 2030, fuelled by its digital economy. This is projected to grow to US$1 trillion by 2030, the region having seen 40 million new Internet users in 2021 and raising the Internet penetration rate to 75 per cent.

Singapore houses around 80 of the world's top 100 technology firms in Asia. Our vision of a digital-first Smart Nation is being realised by continuously investing in infrastructure, world-class innovation, intellectual property protection, talent, and creating shared open platforms for businesses and citizens to learn and develop.