Breakdown on Investments Secured by Singapore from 2005-2020
Parliament of Singapore · 1 February 2021
Official Report, 1 February 2021, Vol 95, Issue 16 · Open in the reader (summaries, search, filters)
Miss Cheryl Chan Wei Ling asked 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.
Mr Chan Chun Sing: The Member may refer to the table below for the breakdown on investments, contribution of value-add and new jobs created per year 1 .
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.
Note(s) to Question No(s) 37:
1 All investment figures from industries covered by EDB (refer to EDB’s media release on investment commitments in 2020 for breakdown of industries), and do not cover all investments into Singapore.
Source: Singapore Parliament Official Report (Hansard) for 1 February 2021. Republished on SGParliament.