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The government is seeking to grow this sector by 50 percent over the next 10 years so that advanced manufacturing makes up the biggest share of the industry. To do so, the government aims to attract more Singaporeans into the sector while also expanding its capabilities to draw in frontier investments. Leading multinationals from Shell and Merck to Micron are just a few examples of firms choosing Singapore as a strategic manufacturing hub. Singapore’s pharmaceutical and biomedical sectors are fast-becoming the drivers of manufacturing growth. The country is only one of a few in the world that exports more pharmaceutical products than it imports. Singapore is also home to more than 50 pharmaceutical manufacturing facilities, which includes eight of the world’s largest pharma companies.

Capability transfer programDependency ration ceilingsGlobal talent competitivenessWage credit schemeResilience packageதிறன் பரிமாற்றம் ப்ரோக்ர்யாம்சார்பு ர்யாஶந் கூரைகள்உலகளாவிய திறமை போட்டித்திறன்ஊதியம் கடன் திட்டம்விரிதிறன் ப்யாகேஜ்