Developing and Implementing the Sea Transport Industry Transformation Map
The Industry Transformation Programme was first launched at Budget 2016 to develop roadmaps for 23 industries to address issues within each sector, and deepen partnerships between the Government, companies, trade associations and chambers, and the Labour Movement. This is against a backdrop of rising challenges such as increasing competition, disruption from technological advancements as well as domestic resource constraints such as land and manpower. Each Industry Transformation Map (ITM) lays out the blueprint and key strategies needed to drive the industry forward.
Developed by MPA in partnership with the industry, unions and other government agencies, the Sea Transport ITM builds on MPA’s strategic long-term plans to develop Singapore’s next generation port and strengthen our international maritime centre (IMC). The Sea Transport ITM was launched by Singapore’s Senior Minister of State for Health and Transport, Dr Lam Pin Min, on 12 January 2018.
The key strategies of the Sea Transport ITM are:
- Build up connectivity with other complementary clusters; strengthen linkages between the sea transport sector and other adjacent sectors, such as commodity trading.
- Driving Growth through Productivity Enhancements and Innovation – Invest in new port capabilities that will capitalise on emerging technologies arising from Industry 4.0; put in place an enabling environment and infrastructure for innovation; leverage digital solutions to enhance operational efficiencies and provide greater value to its customer.
- Developing a Future-Ready Maritime Workforce – Develop new programmes to equip the maritime workforce with relevant future skills; support maritime companies’ efforts to upskill their employees in specialised technical areas, as well as soft skills such as communication and leadership.
Four Pillars of the Sea Transport ITM
Specific initiatives have been laid out under the Sea Transport ITM to catalyse innovation, drive productivity improvements, as well as enhance maritime jobs and skills. Support is also available for maritime companies to build their capabilities and networks, and internationalise their operations.