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SG+: Twin to win the supply chain long game with Singapore as the gateway to Southeast Asia

SG+: Twin to win the supply chain long game with Singapore as the gateway to Southeast Asia

Discover how the SG+ twinning model allows companies to combine the business and manufacturing advantages of Singapore and Southeast Asia (SEA) for long-term growth

SG+: Twin to win the supply chain long game with Singapore as the gateway to Southeast Asia Masthead

Looking to diversify your company’s supply chains and expand your manufacturing footprint amidst global disruptions? SEA is well-positioned to be the next global manufacturing powerhouse with world-class facilities in logistics management and research and development (R&D), access to extensive Free Trade Agreements, as well as a young and growing workforce that is set to increase by 40 million by 2030.

Already, big names such as Dyson, Foxconn and Samsung, are expanding production in SEA to build resilient supply chains. Companies like Pegatron have also looked to SEA to cope with rising production costs, or tap the region’s burgeoning digital economy, as seen in Wiwynn’s move to house their first overseas server rack integration plant in SEA.

As a global business hub, Singapore serves as an ideal control tower for regional expansion in neighbouring locations with cost-competitive manufacturing advantages. Discover how you can combine the synergistic advantages of dual locations in Singapore and SEA through the SG+ twinning model.

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To help companies better harness SEA’s manufacturing strength for supply chain resilience and growth, the Singapore Economic Development Board, along with other private sector partners, have launched the Southeast Asia Manufacturing Alliance (SMA). Under the SMA, eligible businesses are able to unlock differentiated benefits with participating industrial parks and receive support for R&D activities, supplier partnerships, streamlined setup processes among many other advantages.

Interested to join the SMA as a manufacturer or Strategic Partner? Learn more about how you can leverage SEA’s manufacturing potential through this programme.
 

This article was updated on 30 April 2024.

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