Over 1,500 new jobs to be created in S'pore aerospace industry

Over 1,500 new jobs will be created in the aerospace industry in Singapore, as a result of 14 investments by multi-national corporations (MNCs).

In a written reply in Parliament on Monday, Minister for Trade and Industry Lim Hng Kiang said that since the start of 2012, aerospace MNCs have begun operations at eight new facilities and are building another six facilities.

These MNCs include brands such as Bell Helicopter & Cessna Aircraft, Bombardier, Pratt & Whitney and Rolls-Royce.

This was in response to a question by MP for Pasir Ris-Punggol GRC Gan Thiam Poh on new investments in the industry.

Mr Lim added that the aerospace industry has been performing well. In 2012, the industry had a record high output of S$8.7 billion and employed 19,900 people.

Four out of five people employed within the industry are locals and 90 per cent of the jobs are skilled jobs. 

SOURCE