Manufacturing will remain a major pillar of Singapore’s economy, said Prime Minister Lee Hsien Loong on Thursday morning.
The sector provides good jobs, integrates well with services and innovation, and broadens the Republic’s economic base such that it is not overly dependent on any one sector.
Mr Lee made these points in a speech to mark the 30th and 40th anniversaries of GlaxoSmithKline’s pharmaceutical plants here.
He added that Singapore would continue to invest in biomedical sciences – an industry he described as high value-added and knowledge intensive.
Via – BusinessTimes
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