Singapore Government
Singapore Budget 2006
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Budget Speech 2006
   

Workforce Skills Qualifications System

 

3.17 The Workforce Skills Qualifications (WSQ) system, developed by WDA, will provide training and skills progression pathways for workers, enabling them to progress from a certificate, to an advanced certificate, to a professional diploma, and maybe even graduate certificates or diplomas. WDA will allocate $100 million over three years to develop the WSQ system for the major industry sectors. The system will include setting up institutions that deliver high quality adult worker training. The first such institution, the Singapore Institute of Retail Studies, has been jointly set up by WDA and Nanyang Polytechnic.

3.18 We will invest another $30 million over three years as part of WSQ to help 45,000 low-wage workers improve generic skills such as problem-solving and communication, as well as English, numeracy and IT literacy, to make them more employable. We will also provide an additional $4 million every year to make training more accessible to SMEs and workers involved in contract or sub-contract employment arrangements.

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    ANNEXES
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      Annex A : Tax Changes to Promote the Financial Sector
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      Annex B : Tax Changes to Grow Dynamic Maritime and Logistics Industries
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      Annex C : Review of Record-Keeping Periods
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      Annex D : Review of Industrial Building Allowances
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      Annex E : Budget for FY2005 and FY2006
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