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Written reply to PQ on Taiwan Semiconductor Manufacturing Company

8 May 2023

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Question

 

Mr Chua Kheng Wee Louis: To ask the Minister for Trade and Industry (a) whether the Government is actively pursuing Taiwan Semiconductor Manufacturing Company (TSMC) to locate a 12-inch wafer fabrication plant in Singapore instead of Europe through the use of incentives; (b) if so, when will the outcome be finalised; (c) what is the expected total value of the incentives and subsidies to TSMC; and (d) what is the expected impact to GDP, employment and tax revenues.


Written Answer by Minister for Trade and Industry Gan Kim Yong


1. The Government does not disclose information on any potential investor or project.

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