Insights

Macro Insights Weekly - Singapore's brightening semiconductor outlook

5 February 2024
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  • Singapore is the world’s third largest exporter of computer chips, while facing several constraints in the sector’s further expansion. Yet, the outlook for semiconductor production may be brightening.
  • Land, water, and labour are key constraints toward building large, leading edge fabs.
  • But investment in the semiconductor sector has more than doubled since 2017.
  • Singapore world class logistics and supplier ecosystem remain attractive to chip producers.
  • Land and water constraints could be resolved by the Special Economic Zone with neighbouring Johor.
  • Singapore’s semiconductor footprint may be about to expand.

 

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