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SINGAPORE GOVT UNVEILS HIGH-TECH MANUFACTURING PLAN.
SINGAPORE, April 1 Asia Pulse - The Infocomm Development Authority of Singapore (IDA) has unveiled a new Collaborative High-Tech Manufacturing Plan.
Minister for Information, Communications and the Arts Lee Boon Yang explained at the opening of the E-Business Connections 2004 exhibition and seminar Tuesday that the plan will eventually save factories in Singapore some S$700 million (US$416 million) a year through increased efficiency and help generate S$2 billion in additional revenues.
High-tech manufacturers in Singapore face stiff challenges such as outsourcing, lower-cost bases in mainland China, and the growing need to bring products to the market quickly, Lee explained.
The IDA reckons one way for these manufacturers to get ahead is by strengthening their links with business partners through ...
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Source: HighBeam Research, SINGAPORE GOVT UNVEILS HIGH-TECH MANUFACTURING PLAN.