Number of New Investments in Aerospace Industry

Mr Gan Thiam Poh asked the Minister for Trade and Industry (a) what is the total number of new investments attracted in the aerospace industry so far; and (b) what is the total number of jobs created and to be created by these new investments.

The aerospace industry in Singapore has been performing well and provides many good jobs for Singaporeans. In 2012, the industry had a record high output of S$8.7 billion and employed 19,900 people. Four out of five people employed within the industry are locals and 90% of the jobs are skilled jobs9.

Since the start of 2012, aerospace MNCs have begun operations at eight new facilities and are building another six facilities. These MNCs include leading brands, such as Bell Helicopter & Cessna Aircraft, Bombardier, Pratt & Whitney and Rolls-Royce. At steady state, these 14 investments will create over 1,500 new jobs in Singapore.

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