Posted: 21 February 2013 1236 hrs
SINGAPORE: Singapore is making a major push to develop the local space industry.
Minister
in the Prime Minister's Office and Second Minister for Trade and
Industry S Iswaran announced the setting up of the Office for Space
Technology and Industry (OSTIn) to oversee the development of
Singapore's local space industry.
The new program office is set
up under the Economic Development Board (EDB) - includes government
agencies such as the Agency for Science Technology and Research
(A*STAR), Ministry of Defence (MINDEF), Ministry of Education (MOE),
Ministry of Foreign Affairs (MFA), Ministry of Trade & Industry
(MTI) and the National Research Foundation (NRF).
Speaking at
the Global Space Technology Convention on Thursday, Mr Iswaran said the
inter-agency office will plan and execute economic strategies to drive
the growth of the local space industry.
The office will also work
with various industry stakeholders to help them realise their satellite
business and innovation initiatives from Singapore.
Those who
are keen to either expand their businesses into the space industry or
strengthen their existing satellite capabilities could also tap on funds
from the new office.
In addition, the office will champion the build-up of local public research capabilities and talent pool in the industry.
For
a start, the office will be supporting two R&D projects from the
Nanyang Technological University and the National University of
Singapore.
Mr Iswaran said: "We believe Singapore will become a
compelling location for satellite-related companies to grow their
businesses, develop their technologies and export new solutions to the
world.
"In view of the growing competition, many satellite
companies are now looking to develop expertise that will enable them to
maintain their competitive edge while finding new growth and market
opportunities.
"In this context, these companies will be able to
tap on Singapore's strengths in adjacent industries, as well as our
market connectivity, geo-political neutrality, pro-business environment,
and R&D infrastructure to bring their business and innovation
initiatives to fruition."
- CNA/ck
first is nuclear power plant, now dabbling with space
they think Sg as big as the universe.
they can move their office to space.
those out of the world salaried can send them out of the world.
well, they could do it cheaper, better and faster
but WITH WHAT?
ppl tat r paid well dun perform coz they dun wan to take risks
ppl tat r cheap dun noe how
Originally posted by lce:well, they could do it cheaper, better and faster
but WITH WHAT?
ppl tat r paid well dun perform coz they dun wan to take risks
ppl tat r cheap dun noe how
one way ticket is cheaper.
now gonna dig underground already
hope they dun cave in.
Let's go and colonise the moonn!
send all our ministers up in space
Our land area too small liao, set up our homes on MARS!
In space no one can hear you scream.
send those who love to scream.