The goal of the Singapore Biopolis project was to establish a vibrant science community by attracting global talents and creating a world-class research ecosystem. The objective was to transform Singapore into a knowledge-based economy, focusing particularly on the biomedical sector. The problem addressed was the lack of a robust scientific infrastructure and the need to elevate Singapore's position in the global scientific community.
The Biopolis project significantly boosted Singapore's biomedical sector, increasing the industry's output from S$6 billion in 2000 to S$29.4 billion in 2012. Employment in the biomedical sector more than doubled, and the biomedical sciences (BMS) industry became a major contributor to Singapore's GDP. The initiative also positioned Singapore as a leading destination for scientific research and innovation, attracting renowned scientists and establishing the country as a global nexus for scientific talent.
The Singapore Biopolis case study highlights the successful transformation of a small nation into a leading biomedical research hub through strategic STI policies, substantial investment in research infrastructure, and the attraction of global scientific talents. This integrated approach not only enhanced Singapore's economic growth but also established a dynamic and globally competitive scientific community.