Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade

Debated in Parliament on 6 Nov 2023.

Summary written by AI (learn more)

Patrick Tay Teck Guan asked the Ministry of Trade and Industry for projections on the manufacturing sector's share of GDP and the labour force over the next 10 years.
Gan Kim Yong responded that manufacturing currently accounts for about 22% of Singapore's GDP and 13% of total employment.
The Ministry aims to maintain manufacturing's share of GDP at around 20% in the coming decade.
The Ministry also plans to continue creating good manufacturing jobs for Singaporeans, focusing on employment within the sector.
The debate centers on sustaining the manufacturing sector's economic contribution and employment opportunities over the next 10 years.

Questions identified by AI (learn more)

Full Transcript

Patrick Tay Teck Guan

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.

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.

Summary written by AI (learn more)

Patrick Tay Teck Guan asked the Ministry of Trade and Industry for projections on the manufacturing sector's share of GDP and the labour force over the next 10 years.
Gan Kim Yong responded that manufacturing currently accounts for about 22% of Singapore's GDP and 13% of total employment.
The Ministry aims to maintain manufacturing's share of GDP at around 20% in the coming decade.
The Ministry also plans to continue creating good manufacturing jobs for Singaporeans, focusing on employment within the sector.
The debate centers on sustaining the manufacturing sector's economic contribution and employment opportunities over the next 10 years.

Questions identified by AI (learn more)

Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade | PAPERCUTS

Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade

Debated in Parliament on 6 Nov 2023.

Summary written by AI (learn more)

Patrick Tay Teck Guan asked the Ministry of Trade and Industry for projections on the manufacturing sector's share of GDP and the labour force over the next 10 years.
Gan Kim Yong responded that manufacturing currently accounts for about 22% of Singapore's GDP and 13% of total employment.
The Ministry aims to maintain manufacturing's share of GDP at around 20% in the coming decade.
The Ministry also plans to continue creating good manufacturing jobs for Singaporeans, focusing on employment within the sector.
The debate centers on sustaining the manufacturing sector's economic contribution and employment opportunities over the next 10 years.

Questions identified by AI (learn more)

Full Transcript

Patrick Tay Teck Guan

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.

Gan Kim Yong

Summary written by AI (learn more)

Patrick Tay Teck Guan asked the Ministry of Trade and Industry for projections on the manufacturing sector's share of GDP and the labour force over the next 10 years.
Gan Kim Yong responded that manufacturing currently accounts for about 22% of Singapore's GDP and 13% of total employment.
The Ministry aims to maintain manufacturing's share of GDP at around 20% in the coming decade.
The Ministry also plans to continue creating good manufacturing jobs for Singaporeans, focusing on employment within the sector.
The debate centers on sustaining the manufacturing sector's economic contribution and employment opportunities over the next 10 years.

Questions identified by AI (learn more)

Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade

Summary

Questions Identified

Full Transcript

Patrick Tay Teck Guan

Gan Kim Yong

Summary

Questions Identified

Manufacturing Sector's Projected Share of GDP and Labour Force in Coming Decade

Summary

Questions Identified

Full Transcript

Patrick Tay Teck Guan

Gan Kim Yong

Summary

Questions Identified