Singapore launches new initiative to attract more locals to manufacturing sector under economic plan for 2030

Singapore will launch a new initiative to attract more locals to join its manufacturing sector, while redoubling efforts to nurture a “vibrant core” of homegrown manufacturers, Trade and Industry Minister Gan Kim Yong said on Friday (Mar 4).

These are steps that the country is taking to achieve its Manufacturing 2030 vision. First announced in 2021, the goal is to grow the sector’s value-add by 50 per cent over the next 10 years.

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