Car Manufacturers: Singapore and Development Board

car manufacturers: We're in active negotiations or discussions with a couple of others, according to The Japan Times. The whole idea is to build clusters. Singapore is pitching its connectivity to global markets through free-trade agreements, its high-skilled workforce and stringent protection of intellectual property, which is critical for the industry, according to the government agency set up to attract investments to the country. ; Hopefully they won't be the only one we land, Chng Kai Fong, managing director of the Singapore Economic Development Board, said in an interview, referring to Dyson's plans. Bringing in other electric car manufacturers will create scale for the sector in Singapore, which is also spurring the development of autonomous vehicles in the country. It's much more of a capital game than a labor game, Chng said in San Francisco, where his agency hosted two technology-related conferences, including the Bridge Forum. The use of high-tech robotics and automation, as well as supply chain management and connectivity, could help dispel concerns on the high labor costs in Singapore. (news.financializer.com). As reported in the news.