Singapore unveiled plans to be "an AI-empowered economy" as part of an eight-point plan to secure continued economic growth and improved resilience for the city-state.
Aside from supporting at-scale AI development and deployment and supporting local companies, the government said it will pursue industry partnerships to accelerate economy-wide AI adoption, according to the Economic Strategy Review published Wednesday.
"AI technology is advancing at an unprecedented rate. ... We need to be agile and continually review and update our strategies as AI capabilities evolve, to ensure that our businesses and workers keep pace with the technological changes," the report said. "If done well, AI can be a force multiplier for Singapore's economy, unlocking growth, creating good jobs, and delivering tangible benefits for all Singaporeans."
Other recommendations in the review, which launched in August 2025, included deepening capabilities for high-value manufacturing and modern services, expanding access to growth capital, and "diversifying risks, building buffers and deepening partnerships" for economic resilience.