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RFID Identified As Next Growth Area For Singapore ICT Industry

 

Friday, May 06, 2005
The Infocomm Development Authority of Singapore (IDA) has devised a three-year, S$10 million plan to develop Radio Frequency Identification or RFID technology as an engine of growth for Singapore's ICT industry. Under this plan, IDA aims to build five RFID-enabled supply chain clusters by 2006. It will achieve this by bringing together manufacturers, logistics service providers, retailers, infrastructure providers and solutions providers in the high-tech, pharmaceutical and fast moving consumer goods sectors. The adoption of RFID technologies is expected to make these sectors more competitive globally. Announcing this today at a conference on RFID was IDA Chairman Mr Lam Chuan Leong.

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