Singapore adopts a progressive regulatory approach pro-actively engaging industry to ensure regulatory compliance while providing support and encouraging innovation, productivity as well as research and development through incentive programmes, manpower development and long term land use and infrastructure planning. This is enabled by an array of facilitating tools including incentive programmes, manpower development and long term land use, and infrastructure planning.
Aviation Development Fund
The S$100 million Aviation Development Fund (ADF) was set up in April 2010 to partner and enable the industry in accelerating further development and growth in the Singapore aviation industry. Three programmes, namely the Aviation Innovation Programme (AIP), the Aviation Partnership Programme (APP) and the Aviation Manpower Programme (AMP) have been established. More information on these programmes and their incentives built around the three thrusts of Enabling Enterprise, Enabling Ideas and Enabling People are available here.
Key government agencies such as CAAS, the Agency for Science, Technology and Research (A*STAR), the Economic Development Board (EDB), SPRING Singapore and the Singapore Workforce Development Agency (WDA) play a critical role in supporting the aviation sector.
A capable and productive workforce
The Singapore government has made significant investments in education and manpower training. With a strong pre-employment training (PET) system renowned all over the world, the Singapore workforce is well-educated and equipped with industry relevant skills. Students have many options to specialize in the areas of engineering, business and other trades relevant to aviation.
The continuing education and training (CET) for adult learning is also robust, with a strong competency based system known as the Singapore Workforce Skills Qualifications (WSQ). Singapore is known as an education hub for the region, with leading education players from all over the world having campuses in Singapore.
The Singapore Government also provides significant incentives to encourage in-employment upgrading in industry, through the Skills Development Fund and other supporting funds.