Committee of Supply 2024 debate, Day 5: Cheryl Chan on industry transformation with innovation
In 2022, the Built Environment Industry Transformation Map (ITM) was refreshed with a focus on improving the value chain approach through digitalisation. Can the Government provide an update on the progress of the industry transformation after two years of its implementation? What mechanisms does the Ministry of National Development have in place to monitor how companies have invested in technologies to become more productive and innovative? Should the progress be slow, will more efforts be put in by the Government to encourage technology adoption? MP Cheryl Chan raised these questions in Parliament on Tuesday (Mar 5).
In 2022, the Built Environment Industry Transformation Map (ITM) was refreshed with a focus on improving the value chain approach through digitalisation. Can the Government provide an update on the progress of the industry transformation after two years of its implementation? What mechanisms does the Ministry of National Development have in place to monitor how companies have invested in technologies to become more productive and innovative? Should the progress be slow, will more efforts be put in by the Government to encourage technology adoption? MP Cheryl Chan raised these questions in Parliament on Tuesday (Mar 5).
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