Building Our Future, Strengthening Social
Security
B.1.
We have set new directions for the future. As PM stated in his
New Year Message, we are making fundamental policy shifts to
give Singaporeans
greater assurance
at each stage of life, more
opportunities
, and a
better home for all
.
B.2.
We build on the transfor
mation we achieved in our first fifty years
as a nation. Decade by decade, we competed for our place in the
world against much larger and more advanced countries, and
raised
the quality of life for all Singaporeans.
B.3.
The older amongst us will remember the
Swan brand socks we
wore as schoolchildren
–
tearing off the
S
wan label that was
pasted on each new pair of white school socks. They were made
in the Swan Socks factory at Jalan Tukang in Jurong, founded
with Japanese investment and opened by Dr Goh Keng
Swee in
1964. It was labour
-
intensive work, but was the first factory
offering significant employment for women. The factory no longer
exists. Today, the area is quite transformed. Tukang Innovation
Park is home to a range of companies engaged in new
techn
ologies. It also hosts MedTech One, JTC’s dedicated facility
for the rapidly growing medical technology industry.
B.4.
The story is the same in other industries. We have moved to
advanced and sophisticated products in data storage, chemicals
and pharmaceutical
s.
B.5.
Services have also emerged as a major engine of enterprise and
jobs. Starting from the traditional entrepot business, we built a
7
transhipment hub, airport and airline that are each amongst the
world’s leaders. Add international logistics, finance, profe
ssional
services, environmental solutions and hospitality. We have made
Singapore a key node in services, for Asia and the world.
Building Our Future, Strengthening Social SecurityB.1.We have set new directions for the future. As PM stated in his New Year Message, we are making fundamental policy shifts to give Singaporeans greater assuranceat each stage of life, more opportunities, and a better home for all. B.2.We build on the transformation we achieved in our first fifty years as a nation. Decade by decade, we competed for our place in the world against much larger and more advanced countries, and raised the quality of life for all Singaporeans. B.3.The older amongst us will remember theSwan brand socks we wore as schoolchildren –tearing off the Swan label that was pasted on each new pair of white school socks. They were made in the Swan Socks factory at Jalan Tukang in Jurong, founded with Japanese investment and opened by Dr Goh Keng Swee in 1964. It was labour-intensive work, but was the first factory offering significant employment for women. The factory no longer exists. Today, the area is quite transformed. Tukang Innovation Park is home to a range of companies engaged in new technologies. It also hosts MedTech One, JTC’s dedicated facility for the rapidly growing medical technology industry. B.4.The story is the same in other industries. We have moved to advanced and sophisticated products in data storage, chemicals and pharmaceuticals.B.5.Services have also emerged as a major engine of enterprise and jobs. Starting from the traditional entrepot business, we built a 7transhipment hub, airport and airline that are each amongst the world’s leaders. Add international logistics, finance, professional services, environmental solutions and hospitality. We have made Singapore a key node in services, for Asia and the world.
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