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flag Singapore launches S$37B RIE2030 plan to boost AI, semiconductors, aging population, and sustainability efforts.

flag Singapore has unveiled a S$37 billion, five-year RIE2030 plan—about 1% of GDP—to boost research, innovation, and enterprise, focusing on AI, semiconductors, ageing population challenges, and sustainability. flag The investment, 32% more than the prior plan, includes S$3 billion for flagship and grand challenge initiatives, targeting advanced semiconductor packaging, brain health, and AI talent development. flag It aims to strengthen global R&D ties, support deep-tech startups, and reinforce Singapore’s role in critical technology supply chains amid shifting global dynamics.

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