Singapore teams up with IBM

Singapore teams up with IBM

SINGAPORE: Singapore's government is teaming up with computer giant IBM to expand the information technology sector and position the city state as a place where foreign companies can outsource their IT functions, the industry regulator said on Thursday.

Under the S$40 million (US$23.6 million) plan spread over the next three years, IT managers will be trained in Singapore and companies given a hand in breaking into new markets.

Higher skilled IT professionals increase Singapore's attractiveness as an IT hub, said Purushotaman Ramakrishna, the Infocomm Development Authority's (IDA's) director for enterprise. -- DPA