Envisioning Singapore in 2050 with 4Es

Singapore had drastically evolved from a small fishing village in the 1900s to a cosmopolitan first-world country that we can proudly call ours. The years of planning and envisionment from our founding fathers have accumulated little success along the years, allowing Singapore to make giant leaps in its development. Unsurprisingly, a successful model of forward-planning remains, to ensure the future of Singapore continues to shine brightly. But what exactly are the 4Es Singapore’s offering in the future? Let’s read on to find out more!

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1. Economy

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The robust economy of Singapore has rapidly grown from its nation-building years to an economic powerhouse today. Singapore has also weathered through many crises with its planning and monetary surplus. In 2017, Singapore’s GDP Per Capita was ranked fourth and leapfrogged many other competing economies in the region. With its strong foundation, coupled with a strong political mandate, Singapore has progressed consistently since its independence.

To date, Singapore’s Economic Development Board has ensured the nation’s continuous progress by remaining competitive in the global spotlight. The economic restructuring made periodically allows Singapore to continue to serve as a leading industrial hub for its peers. Additionally, by possessing strong investor confidence and a skilled workforce from both our local and foreign talents, it is no doubt that Singapore remains a competitive economy. Hence, one can only expect Singapore’s economy to continue to grow and take more precedence in the international stage.

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2. Estates

In Singapore, one can expect to live in a lush environment upon an urbanized city. Being a renowned garden city, Singapore has taken pride in its flora and fauna, environmental impact and sustainability performance. From which, Singapore has stepped up on its efforts to integrate more greeneries into every part of our community to reduce greenhouse emission.

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In the next few decades, more towns are to be built to accommodate the increase of the population growth. The Urban Redevelopment Authority (URA) has worked for hand in hand with the Housing Development Board (HDB) in shaping Singapore’s tomorrow – pushing out a new generation of public housing built with smarter designs to provide the residents with a more conducive living environment.

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As our estates become more integrated and interconnected with the many necessities and facilities such as the hawker centres, public schools and community centres, our standard of living in Singapore in 2050 will be more comprehensive.

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3. Education

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Since its advent, technology has played a critical role in the robust future of the education sector. As such, the recent pandemic has allowed us to take a gleam in the education that would potentially transform in time to come.  

Given the lockdown, both the students and teachers in Singapore are readily able to adapt to learning and teaching from home. With the plethora of technological platforms available, knowledge transfer is never an obstacle. Students are equipped and trained with the right tools to enable learning through a virtual cloud classroom. The advancement of technology has aided education to function normally amongst the worries of the pandemic.

Singapore’s education system has long been held up by many as a model to replicate – adaptability is amongst the most vital skills imparted to both the young and old to ensure they are future-ready. The necessary skills and competency remain highly paramount to the soft skills needed. Therefore, the government recognises the need for support in such remote learning methods through technology. In turn, this increases the capacity for lifelong learning at your own pace. (Source: Straits Times) Amidst the initial covid-19 challenges, it has caused a spike of retrenchment. Yet despite such challenging times, the government has encouraged its people to keep upgrading themselves by offering subsidies to many online training classes. Such enhancement creates opportunities for job switching from the various industries while increasing terms of employability.

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4. Environmentally sustainable

Many Southeast Asian nations have persistently struggled with the problems of pollution and environmental concerns. Singapore stands out among its counterparts on dealing with the world’s urban challenges and has attracted investors worldwide to invest and reside here. In the 2016 Environmental Performance Index developed by Yale, Singapore ranked 14th. The strict green technology guidelines and ambitious environmental targets have enabled Singapore to work towards an eco-friendly nation.

To quote what Senior Minister Teo Chee Hean has said in February: By 2050, Singapore wants to halve the number of emissions it produces from its 2030 peak, to achieve net-zero emissions “as soon as viable in the second half of the century”. Singapore will continue to employ technology to enhance its alternative energies programmes and overcome its environmental challenges. In 2050, we can expect Singapore to evolve into smarter and greener nations.

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Verdict

Indeed, it is an impending choice to cast an eye on the crystal ball as many factors could change the course of the future. However, as what Deputy Prime Minister Heng Swee Keat promised, Singapore “will continue to take steps to ensure that in the decades ahead, our children and children’s children will have a safe and liveable Singapore.” Singapore will remain as a city of opportunities for all regardless of what the future may bring.

To become a part of Singapore and witness its growth together with your children, we strongly encourage you to apply as a Permanent Resident soon. For any queries, feel free to drop us a message or book an appointment with us.

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Disclaimer: All information is true as of time of publish in 2023, information and data may change beyond this date. For most updated information, always refer to relevant site before making decisions. Kenneth & Co disclaims any liability for any harm caused by using the information provided