LKY was right about Tan Jee Say in 2011. LKY is still right about Tan Jee Say today.
There are 400,000 manufacturing jobs in Singapore and Singapore is on the push towards Industry 4.0, transforming the manufacturing sector.
The manufacturing hub is in fact made up of the following manufacturing sectors:
Aerospace, Electronics, Chemicals, Biomedical sciences, Marine & Offshore, and Water
The manufacturing hub is in fact made up of the following manufacturing sectors:
Aerospace, Electronics, Chemicals, Biomedical sciences, Marine & Offshore, and Water
Take AEROSPACE. There are over 200 aerospace companies in Singapore. Singapore has garnered a quarter of the Asian MRO market. Singapore has become the leading aviation hub in Asia-Pacific today, contributing over a quarter share of the region’s Maintenance, Repair and Overhaul (MRO) output. Leading players such as ST Aerospace and Goodrich carry out comprehensive nose-to-tail MRO services from airframe maintenance to engine overhaul to aircraft modifications and conversion.
Singapore is also seeing a growing number of aerospace design and manufacturing operations. Increasingly companies leverage off Singapore’s existing capabilities in precision engineering and electronics, to support the production of complex aero-engine components. (http://bit.ly/1PwDKav)
MARINE AND OFFSHORE: Did you know that Singapore is actually one of the world leaders for FPSO (Floating Production Storage and Offloading) conversions with many firsts. For example, building the largest oil producing and blending unit with a total capacity of 600,000 barrels of oil per day and the first FPSO with drilling capability.
CHEMICALS: Singapore is one of the world’s leading energy and chemical industry hubs. Singapore’s contribution to the industry is vast, both in terms of output and research, and the Republic is constantly working to stay at the forefront of the industry’s advancement. In 2010, the chemicals and chemical products sector contributed S$38 billion of the manufacturing output
Our edge: Jurong Island
ELECTRONICS: It is the major industry underpinning Singapore's economic growth and accounts for 80,000 jobs. In addition, manufacturing of finished electronics products creates many spin-offs to other segments of the economy, such as precision component manufacturers, chemicals and materials suppliers, electronic manufacturing systems companies, and logistics service providers.
Singapore is home to:
- Nine of the world's top fifteen fabless semiconductor companies, and close to thirty IC design centres
- Fourteen silicon integrated circuit (“IC”) wafer fabrication plants, including the world's top three wafer foundries
- Fifteen semiconductor assembly and test operations, including five of the world’s top outsourced assembly and test services companies
- Six of the world’s top integrated device manufacturers
- All of the world's top three hard disc media manufacturers
- Four of the world’s top five Electronics Manufacturing Services (EMS) providers
WATER: Singapore is recognised as a ‘Global Hydrohub’ with about 180 water companies. These companies represent the entire value chain of the water industry, spanning from upstream component players (e.g.membrane and pumps manufacturers), equipment OEMs, and system integrators, to downstream EPC players and project developers.
LKY is right. Tan Jee Say has no qualifications and he is wrong about manufacturing.
Take AEROSPACE. There are over 200 aerospace companies in Singapore. Singapore has garnered a quarter of the Asian MRO market. Singapore has become the leading aviation hub in Asia-Pacific today, contributing over a quarter share of the region’s Maintenance, Repair and Overhaul (MRO) output. Leading players such as ST Aerospace and Goodrich carry out comprehensive nose-to-tail MRO services from airframe maintenance to engine overhaul to aircraft modifications and conversion.
Singapore is also seeing a growing number of aerospace design and manufacturing operations. Increasingly companies leverage off Singapore’s existing capabilities in precision engineering and electronics, to support the production of complex aero-engine components. (http://bit.ly/1PwDKav)
MARINE AND OFFSHORE: Did you know that Singapore is actually one of the world leaders for FPSO (Floating Production Storage and Offloading) conversions with many firsts. For example, building the largest oil producing and blending unit with a total capacity of 600,000 barrels of oil per day and the first FPSO with drilling capability.
CHEMICALS: Singapore is one of the world’s leading energy and chemical industry hubs. Singapore’s contribution to the industry is vast, both in terms of output and research, and the Republic is constantly working to stay at the forefront of the industry’s advancement. In 2010, the chemicals and chemical products sector contributed S$38 billion of the manufacturing output
Our edge: Jurong Island
ELECTRONICS: It is the major industry underpinning Singapore's economic growth and accounts for 80,000 jobs. In addition, manufacturing of finished electronics products creates many spin-offs to other segments of the economy, such as precision component manufacturers, chemicals and materials suppliers, electronic manufacturing systems companies, and logistics service providers.
Singapore is home to:
- Nine of the world's top fifteen fabless semiconductor companies, and close to thirty IC design centres
- Fourteen silicon integrated circuit (“IC”) wafer fabrication plants, including the world's top three wafer foundries
- Fifteen semiconductor assembly and test operations, including five of the world’s top outsourced assembly and test services companies
- Six of the world’s top integrated device manufacturers
- All of the world's top three hard disc media manufacturers
- Four of the world’s top five Electronics Manufacturing Services (EMS) providers
WATER: Singapore is recognised as a ‘Global Hydrohub’ with about 180 water companies. These companies represent the entire value chain of the water industry, spanning from upstream component players (e.g.membrane and pumps manufacturers), equipment OEMs, and system integrators, to downstream EPC players and project developers.
LKY is right. Tan Jee Say has no qualifications and he is wrong about manufacturing.
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