SJ s Respond to Globalization: Singapore: City State

Transcription

1 SJ s Respond to Globalization: Singapore: City State

2 Singapore

3 23 km 42 km Area 71,900 ha (719.1 sq km) Population 5,399,200(2013) Major Economic Drivers Industries, Banking & Finance, Services, Tourism

4 SINGAPORE From Third World to First World in 50 Years Boat Quay 1930 GDP : USD 974 M (Per Capita: USD 516) Unemployment: 9% Economy: Labor-intensive

5 SINGAPORE Unparalleled Challenges Lack of Resources Regional Competition Small Domestic Market

6 SINGAPORE From Third World to First World in 50 Years GDP : USD 297 B (Per Capita: USD 516) Unemployment: 1.8% Economy: Knowledge-based

7 SJ s Respond to Globalization: Development Positioning Singapore

8 PARAMETERS OF THE STRATEGY PLANNING APPROACH Positioning Study Planning Considerations Development Approach STRATEGIC INTENT HUMAN CAPITAL TIMEFRAMES OF THE STRATEGY 0 5 y 5 10 y y y Identification of Clusters INSTITUTIONS INFRASTRUCTURE Workforce Performance Indicators Population Housing JOBS INDUSTRIES & INVESTORS Infrastructure Other areas of economic & social importance. TYPE & # OF COMPANIES GDP/TAX

9 PLANNING APPROACH Planning ahead

10 PLANNING APPROACH Planning ahead

11 PLANNING APPROACH Planning ahead

12 PLANNING APPROACH Planning ahead

13 SJ s Respond to Globalization: Creating A Strong Business Ecology

14 OUR INTEGRATED APPROACH Creating Business Ecologies One-Stop Shop Timely & efficient approvals and permits Beijing Tokyo New Delhi Taipei Manila Bangkok Financial Hub Kuala Lumpur Jakarta 2. Conducive Training Local Workforce Business Attractiveness for& with relevant knowledge Environment skills forinvestors industry and 3. Liveability inhabitants (Quality of Life) Medical Hub Strong, Friendly Business Ecology 20M Canberra Road Capacity Power/Electricity 70M Water & Waste Management 4. Infrastructure 5 Market and Investment Promotion 1. Alignment of Human Resources 6. Looking Beyond Boundaries Aviation Hub Local, Global and Future Markets Mobilising business plans

15 SJ s Respond to Globalization: Creating A Strong Business Ecology

16 MACRO VIEW Cluster Approach Heavy Industries Petro-chemical Industries Light Industries Key Agency Coordinated multi-agency approach Multiple tasks involved: Investment promotion (attraction of global talents) R&D promotion (involving both public institutes & private sector) Infrastructure & manpower development Airport Investment related made on cluster-wide Industries ecosystem (investment to develop core infrastructure & skills) Critical Mass of Anchor Firms/institutional Important to jump-study the cluster Geographical agglomeration of cluster players Opportunities for new entrance to Synergies leverage on the knowledge/expertise of Return early to scale entrance Agglomeration of economies

17 MACRO VIEW Industrial Corridors Industrial Corridors Technological Corridors (a)move up the value chain (b)improve capability and diversification (c)attract foreign investment (d)create a regional hub- improve overall economy Business Parks & Housing Educational Institution (Fundamental Science to Commercialization) Parks & Recreation/Entertainment

18 Proximity to Key Transportation Nodes Airport and Port Not just a transportation node but an Economic Engine (1) Safeguarding of Industries (Direct/ Indirect) relying on proximity to Airport Pasir Ris More higher value to weight product ratios lighter products but higher in value and also perishables depend on the aviation industry. The world s demand for production flexibility and mass customization Tampines Time-based competition Changi Airport Increasing in the world is just-in-time manufacturing and delivery. (2) Business Ecologies Bedok The composition of uses such as commercial, institution, recreation i.e. complete city development approach

19 Benchmarking Singapore Asia s Best in Logistics and Supply Chain To Malaysia Expressway Legend Keppel Terminal Key Points - Gateway port and airport serve larger catchment (600M) - economy of scale - Product value-addition and Industrial Diversification - Regional hub for 3PL and 4PL players - Value added and technology-enabled services Bukit Panjang Port Bukit Panjang Terminal Bukit Panjang Distripark Keppel Distripark Seaport Airport Industrial Zone 19

20 Region within Country Country-to-Country One Stop Service Pick Up Multimodal Integrated Logistics System Delivery One-Stop Service ( Total Logistics Service ) streamlines a full range of supply chain services that minimize costs, simplify operation process and maximize profits Export Handling/ Customs Clearance Import Handling/ Customs Clearance Sea/ Air/ Land Freight Port of Loading and Port of Discharge Handling/ Customs Clearance Delivery (Consolidated Cargo, etc.) Installation Storage/ Warehouse Packaging Distribution Centre - Warehousing - Inventory Management - Value Added Services 20

21 Conclusion Critical Success Factor Key Elements Description Proximity To A Large Population Base Proximity to a significant percentage of the nation s manufacturing capacity, consumers, availability of workers Geographic location Must be located on or near the main shipping routes Time efficiency To maintain a reputation for continued high productivity in terms of ship turnaround time and truck/rail car turnaround time. Intermodal Linkages Value-added Services Advanced logistics facilities, equipment and technology At least bimodal transportation inside logistic hub link to main shipping route Road mode considerable concerns are being raised about the lack of drivers for medium- and long-haul container moves Rail mode offers a better alternative for long-haul container movement. Process the goods to increase their value by manufacturing, assembly, storage and export processing within a single location; Customs bonded warehouse, Customs inspections Fully equipped with advanced tech-driven supply chain solutions for real-time visibility, accurate tracking and security of high-value goods 21

22 Critical Success Factors Clear Market Positioning Comprehensive Land Use Plan Conducive Environment Integrated Supporting Facilities Efficient Transportation Network (Connectivity) Development Management Image source: Urban Redevelopment Authority Singapore Gallery