Manufacturing in Singapore through the decades, The Business Times
In commemoration of Singapore’s 56th birthday, The Business Times published an infographic on the nation’s manufacturing journey, showing some of the iconic items made in Singapore across the past few decades. Over the last 60 years, the nation has shifted from creating labour-intensive goods to now providing next generation technologies and high value products. The strategy to double down on high-value areas, such as the pharmaceutical, tech and medical industries, seems to be effective. Last year, manufacturing’s share of gross domestic product rose to 21.5 per cent, up from 20.5 per cent in 2019, thanks in part to growth in high value-added sectors such as pharmaceuticals and electronics.
Since 2020, Singapore’s medical technology sector continues to grow. For instance, during the pandemic, homegrown startups such as MiRXES collaborated with ecosystem partners A*STAR,
Diagnostics Development (DxD) Hub and Tan Tock Seng Hospital to mass produce the nation’s first authorised Covid-19
RT-PCR test. Since February 2020, more than eight million
Fortitude Kits have been deployed globally.