Economic Development Futures Journal

Monday, August 23, 2004

counter statistics

Singapore's Manufacturing Plans

Singapore says it hopes to double manufacturing output in 15 years as regional competition heats up from lower-cost rivals such as fast-growing China and India.

Manufacturing accounts for about a quarter of Singapore's gross domestic product - equivalent to about 40 billion Singapore dollars (US$23.5 billion; euro 19 billion) last year.

Can they make it? This is far from a done deal for Singapore. China will be tough.

Read more here.

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