Singapore Viewpoint - The Changing Face of an Industrialist (Oct 2020)
19 oct. 2020
The conventional profile of an industrialist is no longer. With the proliferation of Industry 4.0 (i4.0), more firms have stepped away from traditional manufacturing, instead moving towards more research intensive and service driven activities.
Amid such rapid industry transformation, it is evident that business needs have vastly evolved. This has catalysed a burgeoning need for industrial space guidelines to keep up with the accelerating pace of change.
While the Government has made swift revisions to use quantum controls over the years,
the 60-40 Industrial Ancillary rule, which stipulates that up to 40% of gross floor area (GFA) in industrial buildings can be used for ancillary purposes, continues to preside over industrial land zoning.
Moving ahead, with digital disruption showing no signs of slowing, could more relaxed
industrial space usage guidelines prove to hold the key to meeting evolving business