Siemens is building a new factory in Singapore for its industrial automation and digitalisation products that will create more than 400 jobs locally.
Estimated to cost €200 million (S$290 million), the German conglomerate's plant will begin operation in 2025 or 2026, with Tuas as the likely location.
The facility, which will serve burgeoning demand in South-east Asia and strengthen the resilience of the firm's supply chains, will be among Siemens' most flexible and advanced automated factories globally, its chief executive for digital industries Cedrik Neike told The Straits Times in an exclusive interview on Thursday.
Adjustments can be made at the plant on demand to produce thousands of different types of sensors and electronic modules to better serve regional customers in sectors such as semiconductor, electric vehicle, and food and beverage.
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