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Singapore to commit $20 billion in R&D over next five years

The Edge Singapore
The Edge Singapore6/20/2020 07:54 PM GMT+08  • 2 min read
Singapore to commit $20 billion in R&D over next five years
The previous five-year plan was $19 billion
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SINGAPORE (June 20): Singapore plans to invest some $20 billion over the next five years to fund scientific research and boost support for innovation and the commercialisation of technologies.

“Our investments in research and innovation will sharpen our competitiveness,” said deputy prime minister Heng Swee Keat.

Every five years, the government will announce a five-year science and research masterplan.

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