News & Articles

Budget 2019: Roadmaps for trade associations and chambers, as part of strengthening partnerships

SINGAPORE: More help, such as the development of multi-year roadmaps, will be available for local trade associations and chambers (TACs), as part of the Government’s focus to forge “deeper partnerships” within Singapore and across the world.

This emphasis on domestic collaboration, alongside maintaining global linkages, will form one of the key thrusts of Singapore’s ongoing economic transformation,
said Finance Minister Heng Swee Keat in his Budget statement delivered on Monday (Feb 18).

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Singapore Industry Transformation Programme


Under the S$4.5 billion Industry Transformation Programme, roadmaps will be developed for 23 industries to address issues within each industry and deepen partnerships between Government, firms, industries, trade associations and chambers.


The ITMs are grouped into six clusters, each comprising a group of them from the same broad cluster of industries. Click on the icons to find out more about the clusters: