BUILDING A COMPETITIVE WORKFORCE
The programme is part of the government’s efforts to build a globally competitive workforce.
“To seize growth opportunities beyond Singapore, our companies require workers with experience in overseas markets, knowledge of the local operating environment and the ability to work across multi-geographical teams,” said Dr Tan.
The minister acknowledged the challenges some might face in moving overseas, citing concerns on the employer’s and employee’s sides, such as losing workers or family responsibilities.
However, he shared that from his personal experience, overseas exposure can be “hugely rewarding”.
“Singapore has made our living as a global city and an international hub,” said Dr Tan.
“As a small island state, we have no other option. Our survival depends on us doing business with the world.”
The programme is the newest addition to the government’s toolbox of schemes to support companies’ internationalisation efforts, said Dr Tan.
It will also help companies attract and retain Singaporean talent, he added.
Ms Dilys Boey, chief executive of WSG, said the launch of the Overseas Markets Immersion Programme marked a key milestone in WSG’s efforts to build Singapore’s workforce with the experience to operate in complex overseas markets.
“By immersing our talent in diverse overseas markets, we aim to empower individuals to take charge of their career health and seize new growth opportunities overseas, whilst reinforcing Singapore’s position as a hub for globally minded talent,” she said.
“This programme reflects WSG’s commitment towards developing a future-ready workforce capable of thriving in an increasingly interconnected global economy.”