South-east Asia's economy is expected to expand at a yearly average of 5.2 per cent until 2023 and, with manufacturing being a key growth driver in the region, more Singapore companies with advanced technologies are venturing out, Enterprise Singapore told The Straits Times.
It is working with about 40 companies that provide Industry 4.0 solutions to the region, compared with around 20 two to three years ago, said Mr Tan Soon Kim, the agency's assistant chief executive for South-east Asia and South Asia.
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