新加坡贸工部划重点：新柔特区启动后，这些行业要火！

Mr Speaker: Mr Saktiandi.

Mr Saktiandi Supaat (Bishan-Toa Payoh): Mr Speaker, thank you. I thank the Minister of State for his answer. I have a few supplementary questions. First, in relation to the Parliamentary Question that I had filed, I would still like to get the Minister of State's response whether the Government is concerned that some specific sectors will be adversely affected, whether certain investments or companies and firms will likely relocate to the JS-SEZ as a result of the JS-SEZ, and whether there are any projections of job creation numbers that the Ministry of Trade and Industry (MTI) has in relation to the JS-SEZ within the first phase and future phases.

Second, the Minister of State mentioned about Malaysia introducing some incentives. I have read that the Malaysian Investment Development Authority's incentives cover sectors such as manufacturing, chemicals, global services hub, integrated tourism projects and smart logistics. These are also some projects that Singapore wants to cover. There are also incentives for knowledge workers. Will there be mitigation measures to make sure that some of the investments that were intended to come into Singapore will not be affected.

Lastly, I have got some feedback about concerns from some sectors including the transport association where I am an advisor to. These are concerns about whether there is some impact on the transport and logistics sectors and how they might be affected by Malaysian logistics coming into Singapore.

Mr Alvin Tan: Sir, I thank Mr Saktiandi Supaat for his questions. Indeed, these are views that we have also gotten on the ground in our frequent interactions with businesses across different sectors. I have met SBF very regularly, including last week when a lot of the same views that have been shared by the Member were also shared by SBF. I was also recently in Johor, visiting the zone, meeting with Malaysian leaders. So, the discussions are ongoing. More details will be released. And we are monitoring all the impact that the JS-SEZ will have on both sides.

I wanted to take a step back and look at it from a bigger perspective and what the JS-SEZ has to offer. If we look at the global economic landscape, it is increasingly uncertain, it is dynamic, it is ever-changing. The global competition as we have seen over the last couple of weeks has intensified for talent, for trade and also for investments. So, it is imperative that if Singapore wants to be competitive, we need to be more nimble, we need to be more innovative, we need to enhance our competitive game. If executed well, the JS-SEZ will give us that additional competitive edge. It will give us the opportunity and in fact, it would give us the impetus to build on our inherent strengths. These inherent strengths are not that easy to replicate. These have been grown over decades. They are quite uniquely Singaporean. And they give Singapore that competitive edge.

These traits are inherent. For example, the strong rule of law, regulatory and political stability, innovative mindset, talent, research and development, connectivity and a strong financial centre.

First, it gives us the opportunity and impetus to build on where we are already strong, but it also gives us that impetus to make sure that what we already have, we must strengthen so that we continually have that competitive edge.

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