Singapore launches Marine & Offshore Energy Industrial Plan

The plan is expected to create 1,000 jobs, as part of efforts to steer Singapore towards becoming a globally impactful and thriving M&OE hub by 2030.

Enterprise Singapore and the Association of Singapore Marine & Offshore Energy Industries have collaborated to launch the Marine & Offshore Energy Industry Plan. 

According to a Facebook post by Minister for Manpower Dr Tan See Leng, the development of the Marine & Offshore Energy Industry Plan outlines a strategic roadmap to steer Singapore towards becoming a globally impactful and thriving M&OE hub by 2030. 

Following the 10 February launch, Minister Tan also shared three key bearings that the industry in his needs in order to continue sailing forward:  

1. First, companies can "chart new courses" in growth areas by continuing to look out for opportunities that Singapore can develop a competitive edge in. 
2. Second, the plan will support promising and ambitious firms to "master the seas" by growing and scaling internationally. 
3. Third, is a desire to "raise the tide" and uplift the sector’s capabilities as a whole. Funding has been set aside to support companies in building new capabilities and upskilling their workforce to meet the needs of identified growth areas. 

Per a report by The Straits Times, the plan is expected to see the creation of 1,000 job roles in the sector by 2030.

"With the support of our industry partners and workers, I am confident that Singapore will remain a globally competitive hub that is well-positioned to leverage new growth opportunities," Minister Tan stated.  

HRO has reached out to the Association of Singapore Marine & Offshore Energy Industries for a statement, and will update this story once received.

READ MORE: Singapore and Indonesia extend maritime training partnership 

Lead image / Dr Tan Facebook