Singapore unveils Economy 2030 plan aimed at boosting exports to S$1 trillion

Singapore will boost its efforts to attract leading global traders. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): Minister for Trade and Industry Gan Kim Yong has unveiled a new plan to strengthen local businesses in various sectors, with an aim to significantly grow Singapore's trade volumes by 2030.

Speaking in Parliament on Friday (March 4), Gan said the Singapore Economy 2030 plan will target growing exports to at least S$1 trillion by 2030, from $805 billion in 2020, while doubling offshore trade to US$2 trillion (S$2.7 trillion) in the same period.