OIL and gas giant ExxonMobil’s multi-billion dollar investment in new technology at its integrated refining and petrochemical complex in Singapore will create 135 new jobs, Senior Minister Teo Chee Hean said at a virtual foundation-laying ceremony for the project on Tuesday.
The jobs will have significant spin-offs to the rest of the economy in areas such as logistics, process construction and maintenance, he added.
ExxonMobil is now one of Singapore’s largest foreign investors with over S$25 billion in fixed-asset investments, including its largest integrated refining and petrochemical facility in the world, he said.
The investment also boosts Singapore’s energy and chemicals sector, which he noted employs 25,000 workers and is responsible for some of the highest-paying jobs in the manufacturing sector.
31 March 2020