According to the latest figures from national water agency PUB, the Economic Development Board (EDB) and Enterprise Singapore showed that since 2016, the sector has added 400 jobs, as reported in Channel News Asia.
At Singapore International Water Week, World Cities Summit and CleanEnviro Summit on Monday (9 July), the agencies said in a joint statement: "Singapore’s water sector continues to experience strong growth, with a robust water ecosystem anchoring Singapore as a leading global hydrohub."
The three agencies will tap on Singapore’s strengths in water to focus on three areas:
- Developing global solutions
- Accelerating the commercialisation and export of technologies
- Building a range of capabilities and talent.
EDB has secured at least three new international companies to set up research and development centres or expand their base in Singapore.
Under the Research, Innovation and Enterprise (RIE) 2020 plan, the water industry is expected to generate 15,000 jobs. The RIE 2020 plan aims to develop a knowledge-based innovation-driven economy and society.
In RIE2020, National Research Foundation (NRF) will build on the progress made to date and continue to leverage the public sector research and development (R&D) investments to grow industry R&D capabilities, nurture innovative enterprises, and meet our national needs.