Value-add and Number of Singaporean Jobs Provided by Companies Given Carbon Tax Relief

Mr Foo Cexiang asked the Deputy Prime Minister and Minister for Trade and Industry so far, what is the (i) value-add and (ii) number of Singaporean jobs provided by companies that are given carbon tax relief.

Mr Gan Kim Yong: The recipients of allowances are from the chemicals, electronics and biomedical manufacturing sectors. Using latest available data, these sectors accounted for over $75 billion in value-add and almost 160,000 jobs. These correspond to almost 70% of manufacturing value-added and more than 30% of manufacturing jobs.