Singapore makes strides in making medical devices, equipment
Singapore is further boosting its strengths in making medical devices and equipment, even as manufacturing output has tripled in the past decade.
The development of business parks such as the new MedTech Park in the Jurong Lake District next year will further cement the country's reputation.
"Singapore's position as the next hot spot for medical technology creation is beginning to take shape," said Minister of State for Health and Manpower Amy Khor on Wednesday at a trade exhibition at the Suntec convention centre.
She noted that the value of medical devices and equipment made here hit $4.3 billion last year, from $1.5 billion in 2000. She said established electronics and logistics sectors are among the reasons for the growth.