Railway, Shipping and Aviation Industries of Singapore


The Railway, Shipping and the Aviation Industry in Singapore have helped the exciting nation of Singapore to flourish. The Aviation Industry of Singapore contributed largely as far as the economic aspect of Singapore is concerned. It was estimated that in the year 2001, the aviation industry contributed about S$7.9 billion or in other words 5.5 percent to the GDP (gross domestic product) of Singapore. It provided employment to a large number of citizens of this nation and thus managed to solve the unemployment problem of this nation to a certain extent.

The EDC (Economic Development Board) of Singapore exhibited the fact that in the year 2003 the aviation industry had an output of around S$3.8 billion and in the year 2004, the output was S$4.5 billion. The moment you hear the name Singapore, the thoughts that come to your mind are associated with the shipyards, ports and ships and regarding the shipping industry of Singapore it could be said that the chief concern of this industry are safety and the global environment.

The chief works of the shipping companies of Singapore are the chartering of vessels, ship owning, management of ships and investment holding. The shipping industry of this nation is going through tough times and the reason for this is the high fuel costs as well as the reduction in the freight rates.

The railway industry of Singapore comprises of the railroad sector. This railway industry makes the best possible efforts to contribute in its own way to the development of one of the exciting nations of the world, Singapore. The people who are associated with the Singapore Railway Industry put in their blood and sweat to establish it as one of the major industries of this nation.

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  • Disclaimer: The data provided here is based on the facts and research using available sources. As the data is made available on "as is" basis and subject to change anytime. This website shall not be liable for any discrepancy found in the data on our site and actual figures.