Technology is important in the world to help develop this planet and humanity. Countries are always in a competition trying to be the leading in the technology field. Singapore has been classified as the most developing country in terms of technology. This has inspired more and more evolution of technologies in the market.
This is all a move by the government to increase the overall usage of technology in the country. Their main pot for investment is the technology field and they have been seeking tech companies to expand in the region. This should be considered as a positive change for the country as it will allow more workers to find jobs and will help boost the economy of the country giving better overall living standards.
According to results, the increase in technology usage is proportional to the success and the increase in growth in terms of numbers. This is only true due to the fact that the country has an infrastructure that is ready for the change.
This was commented on by an expert in the field called Bragiel. He commented saying, “They gave us a very aggressive deal. Very few countries would have matched it. Silicon Valley attracts the whole world; Singapore is catching up.” Technology is expected to set the country to higher grounds and to increase the economy of the country. The government names this project as the new tech hub.