NTUC, ST Engineering, SkillFuture SG ink deal to upskill workers in precision engineering

The partnership is expected to upskill 1,000 workers across 40 SMEs within the sector.

The National Trades Union Congress (NTUC), ST Engineering, and SkillsFuture Singapore signed a Memorandum of Understanding (MoU) today, to upskill employees in the precision engineering sector.

“This partnership is expected to upskill at least 1,000 workers across 40 SMEs within the Precision Engineering sector of ST Engineering Land Systems’ supplier network,” NTUC secretary-general Ng Chee Meng said.

Under the two-year tripartite partnership, ST Engineering will lead upskilling efforts, prioritising the suppliers working with the Land Systems unit as the sector is projected to rebound its semiconductor sales globally and domestically.

As part of the collaboration, NTUC will support ST Engineering’s suppliers through the CTC and CTC Grant to implement business and workforce transformation plans.

Launched in 2019, NTUC’s CTCs have received $100m in government funding to scale up the initiative in 2022. The grant co-funds up to 70% of the qualifying cost for companies’ transformation projects.

As of 31 December 2024, more than 7,400 workers across more than 330 companies with approved CTC Grants could benefit from an average wage increase of five percent above annual increment, Career Development Plan, and/or skills allowance.

The signing also marked the appointment of ST Engineering as the latest SkillsFuture Queen Bee.

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