UN General Assembly
1965

21. The Singapore Government is giving every encouragement in the setting up of pioneer industries. Already 301 pioneer products, covering the whole range of manufacture, with a capital outlay of $300 million, are being manufactured at the Jurong Industrial Estate, which was established in 1961 under the direction of the Economic Development Board. These industries will provide jobs for 20,000 when in full production. Their annual output is estimated at about $560 million. The contribution to the national income will be around $110 million per annum. 22. Because of the high birth-rate, which was in the region of 3.6 per cent per annum, many social problems had to be solved. More schools, more hospitals, more houses and more of everything have to be provided. The Housing and Development Board continued to build at the fast rate of one flat every forty-five minutes in 1964 and thereby completed 45,000 units under the First Five-Year-Building Programme. An additional 50,000 units are due for completion under the Second Five-Year-Building Programme.