Question:
Ms Sun Xueling: To ask the Minister for Trade and Industry
(Industry) whether he can provide a progress update on the Industry
Transformation Maps and the Global Innovation Alliance.
Written reply:
- The Industry
Transformation Maps (ITMs) and Global Innovation Alliance (GIA) were two key
initiatives proposed by the Committee on the Future Economy. We are making good
progress on both of these.
- Through the ITMs,
lead agencies and their partners are putting in place industry-specific
transformation strategies for 23 industries that make up 80% of our economy. 13
ITMs have been launched so far, and the remainder will be rolled out by the end
of this financial year. Each ITM consists of a growth and competitiveness plan,
supported by four pillars – productivity, jobs and skills, innovation, and
trade and internationalisation. Each ITM also addresses the Government’s role
in enabling industry upgrading e.g. through conducive regulations. Alongside
the ITMs, we have also launched Skills Frameworks to support the jobs and
skills pillar, which provide information on career pathways, job roles, skills
needs, and relevant training programmes.
- Implementation of
the strategies and plans in the ITMs has started. For example, as part of the
Precision Engineering ITM, A*STAR’s Singapore Institute of Manufacturing
Technology (SIMTech) recently launched a model factory, which allows SMEs to
experience and experiment with advanced manufacturing technologies in a
real-life production environment. Leveraging on their collaboration with
SIMTech, SMEs such as JEP Aerospace and Feinmetall have started the digital
transformation journey in their own factories.
- Another recently
launched example is the ‘hive’ trade facilitation platform developed by
Singapore Logistics Association to build trade connectivity, as part of the
Wholesale Trade ITM. It enables businesses to quickly and efficiently meet
cross-border trade compliance requirements for more than 50 Customs authorities
worldwide, increasing productivity.
- The objective of
the GIA is to establish networks to create more opportunities for Singaporean
students, entrepreneurs and business owners to gain overseas experience,
connect and collaborate with overseas partners. Since the announcement in
Budget 2017, EDB has set up the GIA Programme Office (GIA PO) to coordinate the
initiative. EDB, IE Singapore, SPRING and MOE have been engaging various
in-market Operating Partners to set up GIA networks in the four focus cities
under GIA Phase 1 (San Francisco, Beijing, Jakarta, Bangkok).
- For instance, building
on the successful establishment of BLOCK71 in San Francisco, we launched “BLOCK71 Jakarta”
in July this year, to provide a co-working space that aims to catalyse mutually
beneficial partnerships between Indonesian and Singaporean start-ups. For
Bangkok and Beijing, IE Singapore has
signed memoranda of understanding (MOUs) with tech partners to help Singapore
start-ups better understand these markets, test-bed their products, and work
with overseas players to implement solutions. For access to Thailand, this
includes partnerships with tech community builders C asean and Hubba; for access
to China, this includes partnerships with startup
accelerator AIRMaker, NTUitive (the innovation and enterprise arm of Nanyang
Technological University) and Chinese media platform 36Kr.
- We will continue to work with suitable partners and
strengthen our GIA networks.
- Initiatives like
the ITMs and the GIA will support our growth and transformation efforts, and
position Singapore well for the future.