STRATEGY TO BOOST SINGAPORE’S POSITION AS A GLOBAL INTANGIBLE ASSET & IP HUB UNVEILED

Dear media friends,

The Singapore IP Strategy 2030, a 10-year blueprint to  strengthen Singapore’s position as a global intangible assets (IA) and intellectual property (IP) hub as well as maintain Singapore’s position as a top-ranked IP regime, was announced today at the World IP Day event.

With Innovation, IA and IP as essential drivers of Singapore economy, SIPS 2030, spearheaded by an inter-agency committee comprising over 10 government agencies was developed in consultation with over 1,000 stakeholders from the legal, financial, professional services and business community over the last one and a half years.

Minister Indranee Rajah, Minister, Prime Minister’s Office, Second Minister for Finance and Second Minister for National Development, will introduce the key thrusts and recommendations of SIPS 2030:

(I)         Strengthen Singapore’s position as a global hub for IA/IP

(II)        Attract & grow innovative enterprises using IA/IP

(III)       Develop good jobs and valuable skills in IA/IP

In strengthening Singapore’s position as a global hub for IA/IP, SIPS 2030 seeks to boost economic growth through IP transactions and activities, and offer a conducive environment for businesses to protect, manage, and transact their IA/IP, and ensure that Singapore remains an attractive investment destination.

Key efforts include new IA valuation and financing initiatives to help enterprises further their growth by leveraging their IA and IP, through the development of a credible and trusted IA/IP valuation ecosystem.

More details can be found in the attached materials:

• Singapore IP Strategy 2030 media release with campaign infographic

• Minister Indranee Rajah’s full speech transcript

• Minister Indranee’s opening ceremony photo

• Minister Edwin Tong’s photo

• SIPS 2030 infographic

The SIPS 2030 Strategy Report is available at http://www.go.gov.sg/FutureWIthIP .

The media release is attached for your use should you like to feature this in your publication.

Please feel free to contact me at +65 8333-7231 for any clarifications. Thank you.

Source：IPOS

Editor：IPRdaily-Vapor