Electronics manufacturing roadmap eyes 2,100 new jobs, S$22b in value-add by 202
Source: Chai Hung Yin
SINGAPORE's electronics sector is set to achieve a manufacturing value-add of S$22.2 billion and create 2,100 new professionals, managers, executives and technicians (PMETs) jobs by 2020, as the electronics industry transformation map (ITM) kicked off on Wednesday.
Minister for Trade and Industry (Industry) S Iswaran said at the opening of JTC nanoSpace@Tampines that mobile devices and the emergence of new application areas such as autonomous vehicle, artificial intelligence and healthcare, will continue to drive growth in electronics in the future.
He noted that the electronics industry has been, and will continue to be, a key sector of growth for Singapore's economy.
In 2016, electronics manufacturing accounted for 4.4 per cent of Singapore's gross domestic product (GDP), with S$90 billion in manufacturing output, and employment of about 70,000 people.
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