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Singapore plans 375 million dollar semiconductor facility by 2027

Singapore plans to establish a S$500 million (US$375 million) national semiconductor fabrication facility by 2027, aimed at supporting local companies and startups in R&D, particularly in advanced packaging. This initiative, part of the National Semiconductor Translation and Innovation Centre, reflects the government's strategy to nurture enterprises for regional and global competitiveness. Additionally, the country is investing in biomedical R&D infrastructure and enhancing support for diverse growth strategies, including a new US$150 million long-term investment fund.
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