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Enterprise Singapore expects transformation efforts in 2019 to generate $17.3 bil in value, 21,700 PMET jobs

Uma Devi
Uma Devi • 2 min read
Enterprise Singapore expects transformation efforts in 2019 to generate $17.3 bil in value, 21,700 PMET jobs
Enterprise Singapore had facilitated and provided on-the-ground assistance to 600 internationalisation projects - which are expected to rake in overseas sales worth $8.8 billion, and overseas investments worth $8.9 billion.
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SINGAPORE (Feb 7): Despite the challenging economic conditions in 2019, Enterprise Singapore notes that there has been no slowdown in business sentiments among companies in Singapore.

In a media release on Friday, the government agency said that some 11,450 enterprises had embarked on 13,560 projects in 2019 to raise productivity, enhance innovation and accelerate internationalisation.

Through this, Enterprise Singapore expects a total of $17.3 billion in value to be added to the Singapore economy, with 21,700 jobs generated for the professionals, managers, executives and technicians, or PMETs - a labour group that has recently been the talk of the town.

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