Industrial Development in Singapore

... Industrial Development in Singapore 1.Draw a time line to trace the industrial development in Singapore from 1970s to 2000s (Do include short explanation at each junction) 2. Predict what will be the direction of the industrial development in Singapore in the next 20 years in the perspective of a) The government b) The investors c) The workers a) In the EDB's Industry 21 blueprint launched in June 1998, programs were designed to promote Singapore's economic growth into the next millennium aiming to develop Singapore into a leading competence centre for knowledge-driven activities and a hub for the headquarters and product charters of multi-national corporations. Thus in the next twenty years, we predict that the knowledge-driven industries would contribute more towards Singapore's GDP. As China is growing in importance as a major competitor those industries in which we are no longer competitive will be shifted out mostly secondary labour-intensive, producing low value products like the textile and, and

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