$120m to help arm S'poreans with IT skills as demand rises
The Government has earmarked $120 million to arm Singaporeans with infocomm technology skills to help meet its goal of building a Smart Nation. The money, double the sum in the previous four years, is to be spent over three years.
It will be used to expand existing training schemes that target Singapore professionals and students.
The new urgency stems from growing demand. It is estimated that about 30,000 such jobs will be in the pipeline by 2020 in such areas as software coding, cyber security and data analytics.