Written Answer
Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade
Ministry of Trade and IndustrySpeakers
Transcript
20 Mr Patrick Tay Teck Guan asked the Minister for Trade and Industry in each of the next 10 years, what is the projection on the manufacturing sector's share of (i) the GDP and (ii) the labour force.
Mr Gan Kim Yong: The manufacturing sector accounts for about 22% of Singapore’s gross domestic product (GDP) and 13% of our total employment. The Ministry of Trade and Industry aims to maintain manufacturing’s share of GDP at around 20% and continue creating good manufacturing jobs for Singaporeans.