The Changing Face of Manufacturing Jobs Singapore

Singapore is a city-state in Southeast Asia. The country is attracting engineers and other workers in general management, project management, quality and research & development in the manufacturing sector. This is because the country is not suffering as much as the other developed countries, and employment rates are still high, these jobs pay well, and the country’s income taxes are among the lowest in the world. Other reasons for the exodus into the country for manufacturing jobs Singapore are the low costs of living in the country, the high standards of living, and the fact that the country is a multi-cultural society.

The manufacturing industry in the country contributed 27.2% to the 2010 GDP. Most of the jobs in the manufacturing industry have come from ship building, from the oil refining sector, and from the oil-rig building sector. The country is among the biggest ship repairers in the world, it is the largest oil-rig producer in the world, and it ranks among the top 3 in oil refining. There however has been a changing face in manufacturing jobs Singapore. There are many jobs in precision and electronics engineering nowadays. Electronics generated $75 billion as 2007 annual total output (or 7.15% to the country’s GDP), and the sector employed 90,933 workers that year.

Key sectors in the electronics industry include semiconductors (the country has 20 assembly & test firms, 14 wafer fabrication plants, and about 40 IC or Integrated Circuit design centers), computer peripherals, data storage (the country has 25% of the HDD global market share), consumer electronics, and info-communication electronics. Precision engineering or PE industry contributed $24 billion to the country’s economy in 2007. There are many manufacturing jobs in Singapore in high-end solar wafer manufacturing, with NorSun being the industry leader, in continuous improvement (lean manufacturing), and in the healthcare sector.