6.5
Industry trends and prospects
6.5.1 Drivers and barriers of growth
Majority of the respondents have identified the top 3 growth drivers of the SBSR sector as
follows:
i) Government’s focus on boosting the growth of the sector
ii) Government financial aid / incentives
iii) Growth of shipping / logistics industries
As for growth barriers of the SBSR sector, majority of the respondents have identified the
following top 3:
i) Inability to attract the right talent
ii) Lack of focus on skills training or upskilling of employees
iii) Limited support from the Government
Environmental Scan – Maritime (Shipbuilding and Ship Repair -SBSR) Sector
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