{"id":1036,"date":"2023-06-02T09:06:44","date_gmt":"2023-06-02T09:06:44","guid":{"rendered":"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/"},"modified":"2023-07-12T08:20:46","modified_gmt":"2023-07-12T08:20:46","slug":"singapores-industry-transformation-map-for-logistic-sector","status":"publish","type":"post","link":"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/","title":{"rendered":"Singapore&#8217;s Industry Transformation Map for Logistic Sector"},"content":{"rendered":"\n<p><img decoding=\"async\" alt=\"The-industry-transformation-map-for-the-Singapore-logistics-industry\" src=\"https:\/\/www.opencompanysingapore.com\/uploads\/default\/files\/The-industry-transformation-map-for-the-Singapore-logistics-industry.jpg\"><br><img width=\"16\" height=\"16\">The-industry-transformation-map-for-the-Singapore-logistics-industrySingapore is one of the most advanced countries in the world when it comes to the use of technology. This is because, technology was implemented in most industries which were modernized. One of these industries is&nbsp;<strong>logistics<\/strong>&nbsp;which&nbsp;<strong>is very important for the&nbsp;<a href=\"https:\/\/www.opencompanysingapore.com\/singapore-rating-for-investments\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore economy<\/a><\/strong>. In order to support this and other sectors, at the end of last year, the government announced a program called the&nbsp;<strong>Industry Transformation Map<\/strong>&nbsp;which included sub-programs for each segments of the economy,&nbsp;<strong>logistics<\/strong>&nbsp;included.<\/p>\n\n\n\n<p>Our&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/why-us\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore company formation consultants<\/a><\/strong>&nbsp;can assist investors who want to&nbsp;<strong>open companies in the logistics industry<\/strong>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #002e5b;color:#002e5b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #002e5b;color:#002e5b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#a-new-real-time-track-system-to-be-implemented-in-singapore\" title=\"A new real-time track system to be implemented in Singapore\">A new real-time track system to be implemented in Singapore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#the-logistics-industry-transformation-map-focuses-on-innovation\" title=\"The Logistics Industry Transformation Map focuses on innovation\">The Logistics Industry Transformation Map focuses on innovation<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"a-new-real-time-track-system-to-be-implemented-in-singapore\"><\/span><strong>A new real-time track system to be implemented in Singapore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the most important challenges of the&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/start-a-company-in-the-fmcg-sector-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore logistics companies<\/a><\/strong>&nbsp;is to track their containers all over the island, which why the&nbsp;<strong>Industry Transformation Map<\/strong>&nbsp;includes the creation of a new tracking system which would allow companies to do exactly that. The new program should be up and running in two years.<\/p>\n\n\n\n<p>The program is called the&nbsp;<strong>Transport Integrated Platform<\/strong>&nbsp;and will help<strong>&nbsp;<a href=\"https:\/\/www.opencompanysingapore.com\/opening-a-transportation-company-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">companies operating in the land transportation area<\/a><\/strong>.<\/p>\n\n\n\n<p>Our&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\">company formation experts in Singapore<\/a><\/strong>&nbsp;can help those interested in&nbsp;<strong>starting a business in the land transportation industry<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"the-logistics-industry-transformation-map-focuses-on-innovation\"><\/span><strong>The Logistics Industry Transformation Map focuses on innovation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Apart from the&nbsp;<strong>Transport Integrated Platform<\/strong>, the government\u2019s scheme aims at creating innovative solutions for all&nbsp;<strong>companies in Singapore<\/strong>&nbsp;operating in this field. From trainings tailored to the&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/workforce-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">workforce in the logistics sector<\/a>&nbsp;<\/strong>and up to creating 2,000 new technical and managerial positions, the&nbsp;<strong>Industry Transformation Map<\/strong>&nbsp;is meant to change the face of this important industry on a long-term basis.<\/p>\n\n\n\n<p>By the end of 2020 when the program will finish, the government plans for the&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/most-attractive-investment-industries-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore logistics sector<\/a><\/strong>&nbsp;to have an added value of 8.3 billion SGD.<\/p>\n\n\n\n<p>Internationalization is also in the schedule of the&nbsp;<strong>Map for the logistics sector<\/strong>, as several governmental agencies, including International Enterprise, will act as contact points between local companies and governments in other countries where they can expand their operations.<\/p>\n\n\n\n<p>Foreign investors interested in&nbsp;<strong>opening a company in the logistics industry<\/strong>&nbsp;are welcomed to&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">contact our company formation advisors in Singapore<\/a><\/strong>&nbsp;for assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The-industry-transformation-map-for-the-Singapore-logistics-industrySingapore is one of the most advanced countries in the world when it comes to the use of technology. This is because, technology was implemented in most industries which were modernized. One of these industries is&nbsp;logistics&nbsp;which&nbsp;is very important for the&nbsp;Singapore economy. In order to support this and other sectors, at the end of last year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9,975,711,974],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Singapore&#039;s Industry Transformation Map for Logistic Sector<\/title>\n<meta name=\"description\" content=\"Find here information on the Industry Transformation Map for the Singapore logistic sector. For assistance in starting a logistics business, please contact our Singapore company formation agents.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Singapore&#039;s Industry Transformation Map for Logistic Sector\" \/>\n<meta property=\"og:description\" content=\"Find here information on the Industry Transformation Map for the Singapore logistic sector. For assistance in starting a logistics business, please contact our Singapore company formation agents.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\" \/>\n<meta property=\"og:site_name\" content=\"Open Company Singapore\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-02T09:06:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-12T08:20:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.opencompanysingapore.com\/uploads\/default\/files\/The-industry-transformation-map-for-the-Singapore-logistics-industry.jpg\" \/>\n<meta name=\"author\" content=\"opencompanysingapore.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"opencompanysingapore.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\"},\"author\":{\"name\":\"opencompanysingapore.com\",\"@id\":\"https:\/\/opencompanysingapore.com\/#\/schema\/person\/a70c2e790c015b47a4def63291d60a81\"},\"headline\":\"Singapore&#8217;s Industry Transformation Map for Logistic Sector\",\"datePublished\":\"2023-06-02T09:06:44+00:00\",\"dateModified\":\"2023-07-12T08:20:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\"},\"wordCount\":395,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/opencompanysingapore.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.opencompanysingapore.com\/uploads\/default\/files\/The-industry-transformation-map-for-the-Singapore-logistics-industry.jpg\",\"keywords\":[\"company formation in Singapore\",\"open logistics company in Singapore\",\"open Singapore company\",\"Singapore's industry transformation map for logistic sector\"],\"articleSection\":[\"Law\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\",\"url\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/\",\"name\":\"Singapore's Industry Transformation Map for Logistic Sector\",\"isPartOf\":{\"@id\":\"https:\/\/opencompanysingapore.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/opencompanysingapore.com\/singapores-industry-transformation-map-for-logistic-sector\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.opencompanysingapore.com\/uploads\/default\/files\/The-industry-transformation-map-for-the-Singapore-logistics-industry.jpg\",\"datePublished\":\"2023-06-02T09:06:44+00:00\",\"dateModified\":\"2023-07-12T08:20:46+00:00\",\"description\":\"Find here information on the Industry Transformation Map for the Singapore logistic sector. 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