There are not enough trade associations and business chambers capable of leading their industries in transformation efforts, Ms Foo Mee Har (West Coast GRC) said in Parliament yesterday.
These industry federations are expected to play a pivotal role in economic restructuring through the 23 industry transformation maps.
But the task for these federations to make transformation more effective and immediate has proven to be uneven across the various industries, said Ms Foo, who cited feedback she had received.
She added that few trade associations and chambers (TACs) were able to help their members access local and international networks.
Finance Minister Heng Swee Keat said last week that the Government will develop five-year road maps …
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