Singapore Economy 2030
The Singapore Economy 2030 vision, with the four key pillars of Trade, Enterprise, Manufacturing and Services, will guide us to chart the next lap of growth.
|Trade 2030: to grow Singapore’s trading volume, widen the types of trading activities in Singapore, and expand trade globally.
We will continue to strengthen Singapore’s economic connectivity and integration, while building a strong ecosystem of trading companies and capturing more re-exports and transshipment flows and embedding Singapore more deeply into global supply chains.
|Enterprise 2030: to build and sustain a vibrant ecosystem of Singapore enterprises that are future-ready and possess deep capabilities to compete globally.
We will build a strong slate of locally-grown, high growth companies that are globally competitive and support our local small and medium enterprises to digitalise, innovate, and internationalise, among others.
|Manufacturing 2030: to increase manufacturing value-add by 50% by 2030, and for Singapore to become a global business, innovation, and talent hub for Advanced Manufacturing.
We will continue to attract frontier investments into Singapore, develop a strong local talent pipeline for the sector and create good jobs for Singaporeans.
|Services 2030: to grow the services sectors and anchor Singapore as a leading, vibrant hub for businesses, lifestyle and tourism.
We aim to entrench Singapore as a hub of firms, a hub of flows and a hub of talents, by harnessing new growth opportunities in sustainability and digitalisation.