“With Meiban starting the iSmart Factory model in Singapore, it allows us to develop and stabilise the necessary systems and programmes first, before exporting to different countries,” says KH Cheok, CEO of Meiban Group Pte Ltd.
Meiban and other homegrown companies are tapping on i4.0 to revolutionise manufacturing. Singapore is also setting global standards by working with the World Economic Forum, deploying the Smart Industry Readiness Index to drive adoption of i4.0 technologies worldwide.
Singapore’s position as a leading industrial hub has led to growth in job opportunities in the sector, with production contributing 45% of over 19,000 new jobs created in 2020. Hear how Singapore is creating growth with i4.0: go.gov.sg/edbyir280121li
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