Aerospace sector to hire 2,500 more workers in Singapore over next 3 to 5 years: EDB

SINGAPORE - The aerospace industry is expected to hire more than 2,500 workers here over the next three to five years to support the sector’s continued growth.

Ms Koh said there are more than 130 aerospace companies in Singapore, and seven out of 10 aerospace jobs are taken up by locals. Preliminary estimates put Singapore’s aerospace output in 2023 at more than $15 billion, compared with close to $13 billion in 2019 before the Covid-19 pandemic struck, according to EDB.

In the longer term, Ms Koh said, EDB is on the lookout for new growth areas to ensure Singapore’s competitiveness. There will also be a sizeable Chinese presence at the trade show. Ms Koh said this was an encouraging early sign of Chinese aerospace companies using the event for their business activities.

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