This plan seeks to infuse innovation, new business models and vibrancy into the local infocomm ecosystem through initiatives for start-ups and commercialization of technology.
Singapore has historically ranked high as a tech ecosystem, being placed second in the World Economic Forum’s Global Information Technology Report every year from 2009 to 2012. For over a decade, various investment initiatives and tax incentives have encouraged technological innovation and driven productivity.
- Ho Wah Lee, Head of Advisory, KPMG in Singapore