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Written reply to PQ on investments secured

Written reply to PQ on investments secured

Question

Miss Cheryl Chan Wei Ling: To ask the Minister for Trade and Industry (a) whether he can provide a breakdown on the investments secured by Singapore from 2005-2020; (b) after the completion of these projects, what is their contribution of value-add per annum; (c) how many new jobs are created per year; and (d) what percentage of the jobs are manufacturing, research and development, and professional services in emerging sectors.  

Written Answer by Minister for Trade & Industry Mr Chan Chun Sing

1. The Member may refer to the table below for the breakdown on investments, contribution of value-add and new jobs created per year.

Year

Committed Fixed Assets Investments (FAI)

(in S$ billions)

Committed Total Business Expenditure (TBE)

(in S$ billions)

Estimated Value-Added per annum

(in S$ billions)

Committed Jobs Creation

(in ’000)

2005

9.4

5.2

10.8

26.1

2006

10.4

6.2

13.4

26.8

2007

17.2

6.1

11.6

28.6

2008

18.0

6.6

14.7

21.8

2009

11.8

5.7

12.5

21.9

2010

12.9

7.3

14.4

26.8

2011

13.7

7.3

15.5

23.2

2012

16.0

6.2

20.3

23.5

2013

12.1

7.8

16.7

25.3

2014

11.8

7.0

12.5

18.6

2015

11.5

5.6

12.3

16.8

2016

9.4

8.3

12.9

20.0

2017

9.4

6.5

17.2

22.5

2018

10.9

6.2

13.6

17.4

2019

15.2

9.0

29.4

32.8

2020

17.2

6.8

31.2

19.4

2. On average, about 23,000 jobs are created annually as a result of these committed investments, of which about 40% went to manufacturing, 20% to research, and 40% to Services, including Professional Services.

 
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