Companies can now tap a new government scheme to bring in trainers from overseas to give local workers skills and knowledge that are lacking or scarce in Singapore.
It will not only pay for the salary of the local or foreign trainers, but also the cost of training local workers. The amount can range from 30 per cent to as much as 90 per cent of introducing such training.
The scheme will also fund on-the-job training overseas as well as the purchase of equipment needed for the new expertise.
Manpower Minister Lim Swee Say, in announcing the Capability Transfer Programme yesterday, said it will help Singapore stay competitive at a time when technological innovations are forcing economies around the world to transform.
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