Singapore’s logistics industry is preparing a revitalisation as the government unveiled its Industry Transformation Map (ITM) late last year.
Under the S$4.5bn programme, roadmaps will be developed for 23 industries to address issues within each industry and deepen partnerships between Government, firms, industries, trade associations and chambers. As one of the shortlisted industries to receive the coveted makeover, the Government aims for the logistics industry to become operationally excellent, innovative, and supported by a strong core of Singaporean talent and firms, be leaders in innovation, and build up a strong core of local logistics talent and firms.