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SINGAPORE: The government has set aside more than S$45 million (US$35 million) over the next three years to help manufacturers adopt AI, Minister of State for Energy, Trade and Industry Gan Siow Huang said on Wednesday (Oct 21).<\/p>\n
The funding will support Enterprise Singapore\u2019s (EnterpriseSG) Catalytic AI Solutions initiative for advanced manufacturing, which is aimed at helping manufacturers overcome common barriers to AI adoption, she said.<\/p>\n
Speaking at Industrial Transformation Asia-Pacific 2026, Ms Gan said the initiative will help manufacturers access ready-to-deploy AI solutions to improve productivity, optimise efficiency, and strengthen their competitiveness.\u00a0<\/p>\n
To make AI accessible to small\u2011 and medium\u2011sized enterprises (SMEs), EnterpriseSG will also offer a suite of AI solutions to these businesses, Ms Gan said.<\/p>\n
These include solutions to optimise product and component design, automate the processing of request for quotation documents and enhance production scheduling and predictive maintenance.<\/p>\n
EnterpriseSG will co-fund eligible companies’ adoption of AI solutions in the suite.\u00a0<\/span><\/p>\n The agency said in a media release on Wednesday that the solutions could reduce manual work and response times, improve equipment reliability and help manufacturers maintain consistent product quality.<\/p>\n The suite will be expanded over time as more industry needs and solutions are identified.<\/p>\n While many SMEs recognise the potential of AI, adoption can be challenging because of development costs, limited access to sector-specific solutions and uncertainty over outcomes, EnterpriseSG said.<\/p>\n The initiative aims to address these barriers by bringing together AI solution providers, system integrators and industry associations, allowing SMEs to tap proven solutions without having to develop them independently.<\/p>\n This could reduce the time, cost and complexity involved in adopting AI, it added.<\/p>\n Some SMEs have already expressed interest in adopting AI solutions under the new initiative, Ms Gan said.<\/p>\n EnterpriseSG<\/span> is also developing Catalytic AI Solutions for the logistics and wholesale trade sectors, with more details to be announced at a later date.<\/p>\n The initiative comes amid Singapore\u2019s push to accelerate the use of AI in advanced manufacturing, one of four sectors targeted under its National AI Missions, alongside connectivity, finance and healthcare.<\/p>\n Manufacturing accounts for nearly 20 per cent of Singapore\u2019s GDP.<\/p>\n Ms Gan said the goal was not simply to increase the use of AI, but to transform the manufacturing sector.<\/p>\n \u201cOur aim is to reimagine manufacturing to grow our manufacturing output and productivity,\u201d she added.<\/p>\n<\/div>\n
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