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Page 1: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

follow us onThis material contains confidential and/or official information. The terms and conditions governing its use can be found at

www.iesingapore.gov.sg/Terms-of-Use.

National Infrastructure

Connectivity Singapore

Law Chung Ming

Transport and Logistics Group

IE Singapore

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Page 2: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

“We started off with no hinterland and a weak economy. We depended on our

entrepot trade, but our neighbours were building their own ports and sought to bypass us.

Our workers were unskilled and anxious about their future but we are determined to

make the world our hinterland.. And with that workforce, we made PSA and Changi,

the best in the world.”

Lee Hsien Loong,Prime Minister of Singapore

Last 50 years : Singapore’s airport and seaport have grown to be

amongst the world’s leading transport hubs and are important

enablers for regional trade

Singapore has done well for the past 50 years…

Page 3: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Transformation of our airport and seaport

Kallang Airport

1937–1955

Changi Airport

1981–Present

A Singapore dock in the 1990s Port of Singapore today

Paya Lebar Airport

1955–1980

Seletar Airport

1928–Presentand

Page 4: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

About

6% of

GDP

Our transport hubs play a significant role in the economic development of Singapore

Direct value-add from Changi

Airport

Indirect value-add

Induced value-add

Catalytic impact of value-add

through tourism, productivity,

trade and investment

Contributes to

7%of Singapore's

GDP

30.9milTEUs of containers

handled

Employs more than

170,000people

More than

5,000 maritime

establishments

Airport Seaport

Employs about

55,000people 55.4mil

passenger in 2015

Singapore Ranked 1ST in McKinsey Global Institute Connectedness Index

MGI Connectedness Index, published in 2016

Page 5: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Airport Seaport

Getting ahead of the game: Major development plans to take Singapore’s aviation and maritime capabilities to greater heights

Terminal 1

Terminal 2

Terminal 4

Terminal 5

Terminal 3

Ex

isti

ng

Infr

as

tru

ctu

re

Fu

ture

Infr

as

tru

ctu

re

The new infrastructure will more than

double our capacity

Current Port Facilities

Future Port Facilities

City Terminals

Pasir Panjang Terminal Tuas Terminal

CONSOLIDATION & EXPANSION

To be operational from 2021

Port expansion projects including

construction of the Tuas facility will cost a

few billion dollars

3-runway system will be

operational from early 2020s

Page 6: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Key lessons from Singapore’s experience in

infrastructure connectivity over the last 50 years

Progressive policiesConcerted efforts between private and public sectors in enabling pro-enterprise policies formulation

Pro-business partnershipsForm strategic, mutually beneficial partnerships e.g. with key trading partners through FTAs to facilitate trade, lowering trade barriers

Capacity BuildingPhysical - Developing capacity for our airport and seaport in anticipation of future trends and growth to facilitate trade and investmentsTalent – Investing in education, developing specialised and sectoral skilled talents

Page 7: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Next 50 years: What lies ahead for Singapore?

“As SG50 ends, the next chapter of the Singapore Story begins. We live in a very

different world from our pioneers fifty years ago. Yes, we have many more

opportunities in the globalised world, but we also face fiercer competition.

Yes, we have more resources, but we also have higher aspirations. Our economy

is slowing down and undergoing transition. We cannot expect an easy journey

ahead.”

Lee Hsien Loong,Prime Minister of Singapore

What do we need to do for SG100. . .

Page 8: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

8

Emergence and Development of New Economic Trade Corridors

Trans Pacific Partnership (TPP)

One Belt One Road (OBOR)

ASEAN Economic Community (AEC)

China’s “One Belt, One Road”

(OBOR) aims to connect major

Eurasian economies through

infrastructure, trade and

investment.

AEC is a major milestone in the

regional economic integration agenda

in ASEAN, offering opportunities in

the form of a huge market of US$2.6

trillion and over 622 million people.

AEC is collectively the third largest

economy in Asia and the seventh

largest in the world.

The TPP is a trade agreement

between 12 countries, including the

US, Mexico and Australia, which aims

to promote jobs and growth, enhance

productivity and competitiveness, and

boost economic growth in the United

States and across the Asia-Pacific

region.

Singapore evolving to stay ahead with the changing

geometry of global trade flows

Page 9: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Given the backdrop, what should Singapore do…

• Expanding beyond capacity building

• Building the eco-system and supporting industries

• e.g. aerotropolis

• Looking beyond physical connectivity

• Information & IT

• Finance & Capital

• Forging Stronger Partnerships

• Government-to-Government, Government-to-

Business and Business-to-Business

Page 10: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Hotels/

Convention

Centres (MICE)

Industrial/

Business Parks

Retail/

Outlet Malls

Residential

developments

Logistics Parks

& FTZs

Specialised

Infrastructure

(Coolport)

airport

Integrated

Entertainment

Centre

MRO

Evolving from airport to aerotropolis

Cargo flows

Page 11: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

Stronger Partnerships to capture opportunities

in connectivity

Government to GovernmentWorking with the region and ASEAN as a platform to enhance connectivity and trade

Government to BusinessEncouraging Public-Private Partnerships

Business to BusinessFacilitating strategic partnerships between companies to build flows

Page 12: National Infrastructure Connectivity Singaporepubdocs.worldbank.org/en/71251463038793950/Chung-Mings... · regional economic integration agenda in ASEAN, offering opportunities in

To recap

Last 50 years …

Singapore’s airport and seaport have grown to be amongst world’s leading transport hubs and are important enablers for global trade

We have built capacity, developed progressive policies and formed pro-business partnerships

Next 50 years …

Singapore "cannot just bulldoze and build" as it embarks on its next 50 years. Singapore has built a brand on its success and trust and we should build on this for Singapore to continue being successful.

Singapore will continue to look beyond capacity building, beyond physical connectivity and form strategic partnerships to remain relevant and globally connected