CapitaLand has partnered Enterprise Singapore to set up the Singapore Manufacturing Innovation Centre (SMIC) at Ascendas OneHub GKC in China-Singapore Guangzhou Knowledge City (CSGKC). SMIC aims to facilitate connections between Singapore providers of advanced manufacturing solutions with industry players in China, and ultimately, connect to the global Industry 4.0 ecosystem.
SMIC is an integrated platform for Singapore’s manufacturing industry to connect with and support the Chinese manufacturing sector with innovative solutions such as:
- Advanced robots
- Additive manufacturing
- Augmented reality
- Simulation technologies
- Horizontal/Vertical integration
- Industrial internet
- Cloud Computing
- Big data/analytics
CapitaLand Limited (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth over S$103 billion* as at 31 March 2019. CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 200 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.
CapitaLand has one of the largest real estate investment management businesses globally. It manages eight listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand’s REITs and business trusts have expanded to include Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust.
*CapitaLand’s assets under management is over S$123 billion with the completion of its acquisition of Ascendas-Singbridge by end June 2019.
For more information, visit www.capitaland.com
Enterprise Singapore is the Singapore government agency championing enterprise development. It also supports the growth of Singapore as a hub for global trading and startups.
The agency attracts global commodities traders to establish their global or Asian home base in Singapore. Today, Singapore is a leading global trading hub with a complete ecosystem for the energy, agri-commodities and metals & minerals trading clusters. Singapore is also home to many global enterprises, startups and investors that operate in its robust pro-enterprise environment.
As the national standards and accreditation body, Enterprise Singapore builds trust in Singapore’s products and services through quality and standards. Renowned for their dedication to quality and innovation, Singapore companies make ideal business partners.
With Enterprise Singapore’s global network in over 35 locations spanning many developed and emerging markets, it connects businesses with relevant Singapore companies for their business expansion.
Visit for more information.
Singapore's manufacturing industry has evolved significantly since the country's founding in 1965. Initially valued at only 11.2% of GDP (or S$240 million) in 1965, Singapore is now a regional manufacturing hub with the manufacturing sector valued at S$80 billion and home to some of the industry's largest companies. From labour-intensive manufacturing activities, the sector grew with the emergence of high-technology and knowledge-intensive clusters, and drove Singapore's economic transformation from a capital-intensive to knowledge-based manufacturing hub.
1960's - EARLY MANUFACTURING
Valued at 11.2% of GDP and contributing only S$ 240 million to the national GDP in 1965, Singapore's industrialisation began with a steady growth of labour-intensive import-substitution in the manufacture of primary products such as textiles and toys. Singapore welcomed its first foreign direct investments during this time, with Shell Eastern Petroleum in Jurong Island and The National Iron and Steel Mills at the Jurong Industrial Estate .
1970's - EXPORT-LED MANUFACTURING
The 1970s saw the manufacturing sector transit to a more export-led focus as Singapore welcomed more MNCs to its shores. In these early days, precision engineering in Singapore emerged in the manufacture of electronics equipment, such as semiconductors and integrated circuits.
1980's - CAPITAL-INTENSIVE INDUSTRIES
The 1980s saw the emergence of high-technological and knowledge-intensive clusters within the manufacturing industry. Through welcoming international capital-intensive technology players, Singapore was able to start positioning itself as a regional manufacturing centre. Singapore’s manufacturing focused on printed circuit boards, disk drives and sound cards, while some of its most important manufacturing exports of this time were silicon wafers and software packages. Leveraging its leadership in high-technology manufacturing in the region, Singapore later opened Southeast Asia’s first silicon wafer manufacturing plant.
1990's - KNOWLEDGE-INTENSIVE INDUSTRIES
The 1990s saw Singapore’s transformation from a capital-intensive to knowledge-based manufacturing hub, with companies involved in new key industries such chemical, pharmaceuticals and medical technology. Singapore also became home to leading international firms such as Novartis, Pfizer, and GlaxoSmithKline.
2000's - REGIONAL HUB FOR ADVANCED MANUFACTURING
The dawn of the millennium saw companies moving up the value chain and Singapore companies focusing on research and development as an engine for growth. Through attracting MNCs such as Hewlett Packard, Johnson & Johnson and Procter & Gamble , Singapore reinforced its position as a regional hub in high-technology knowledge-intensive manufacturing. With the rise of home-grown Hyflux in water-filter manufacturing and later, desalination solutions, Singapore was seeing an innovation capabilities boost among some of its manufacturing companies in certain key industries. This development of capabilities allowed Singapore to later enjoy an established regional base as firms set up innovation centres and operations in the country to oversee their regional production in Asia Pacific.
Manufacturing for the Future
With the rise of new Internet technologies and robotics, Singapore remains resilient in face of its transition to an information-led economy. Singapore’s manufacturing companies are adapting to growing demands, and leveraging their leadership in these new industries through the diversification of revenue streams and the push for increased automation in certain manufacturing processes.
Considering the changing manufacturing landscape, Singapore’s government has pioneered a Precision Engineering Industry Transformation Map to pave the way for Industry 4.0 Digital Manufacturing. Singapore companies receive government support in embarking on innovation and intelligent manufacturing in their path towards Industry 4.0 digital transformation. The Singapore government will also provide support in:
- Partnering Singapore companies who are Industry 4.0 champions with overseas partners to venture into markets abroad through IE Singapore
- Investing S$3.2 billion in R&D in Advanced Manufacturing and Engineering
- Invest S$450 million in a National Robotics Programme
- Setting up digital manufacturing platforms through A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and Advanced Remanufacturing & Technology Centre (ARTC)