Siemens, the global technology conglomerate, has announced a new factory in Singapore for its automation and digitalization products. The factory, expected to be completed by 2026, will cost SGD 290 million (USD 216.1 million) and create more than 400 jobs locally. The company aims to expand leadership in digitalization, automation, and sustainability.
The facility is expected to serve the exponential demand from Southeast Asia, strengthen supply chains, and will be one of Siemen’s most flexible and advanced factories globally. While existing Siemens facilities in Germany and China focus on high production volumes, the Singapore factory is expected to only account for 10-20% of total output, but has more flexibility to support spikes in demand.
Leveraging state-of-the-art technologies, including robotics and artificial intelligence, the plant can be adjusted on demand to produce thousands of different types of sensors and electronic modules to serve customers in the semiconductor, electric vehicle, and F&B sectors, to name a few. Siemens will thus leverage Singapore’s advanced education system and skilled workforce, as well as its close proximity to Southeast Asian markets, political and legal stability, emphasis on sustainability, and free trade agreements with numerous countries. Siemens’ investment aligns with Singapore’s ongoing efforts to transform into a Smart Nation, emphasizing sustainability, digitalization, and advanced manufacturing, and reinforcing the country’s position as a global hub for technology and innovation.
(Sources: Siemens; The Straits Times)