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Ministry of Trade and Industry

Industry

The Ministry of Trade and Industry works to create opportunities for our enterprises and good jobs for our people. We are committed to investing in the capabilities of our industries, enterprises, and people.

Last updated 24 October 2025
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MTI is responsible for driving the development and growth of key sectors in Singaporeʼs economy, to ensure we remain competitive while creating good jobs and opportunities for our people. We build strong and vibrant industries, foster an interconnected ecosystem supporting innovation, and create a pro-enterprise environment that anchors and supports businesses for local and global growth.

In close collaboration with our Statutory Boards, we formulate and implement a range of policies to meet our economic objectives – these include driving investment promotion, supporting enterprise development, strengthening our tourism and lifestyle hub status, unlocking resource constraints, strengthening economic resilience, and delivering impact through research and innovation.

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Economic Reviews

Read more about the Economic Strategy Review and past economic reviews.

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Enterprise Support and Pro-Enterprise Panel (PEP)

Government assistance for licensing, funding, business compliance needs, and pro-enterprise initiatives in Singapore.