Macro Insights Weekly - Singapore's brightening semiconductor outlook

Singapore is the world’s third largest exporter of computer chips, while facing several constraints in the sector’s further expansion. Yet, the outlook for semiconductor production may be brightening.
Land, water, and labour are key constraints toward building large, leading edge fabs.
But investment in the semiconductor sector has more than doubled since 2017.
Singapore world class logistics and supplier ecosystem remain attractive to chip producers.
Land and water constraints could be resolved by the Special Economic Zone with neighbouring Johor.
Singapore’s semiconductor footprint may be about to expand.