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Data Use
Calculated monthly, Plant Location Factors provide a straightforward way to estimate what it would cost to build a manufacturing plant in a country of interest, based on construction cost data from other countries. The usage of Intratec Plant Location Factors is simple: to determine the plant cost in a country of interest, one simply multiplies the known plant cost in the reference country by the respective location factor for the specific period. IL factors and key manufacturing costs in Singapore and up to 32 other countries are provided with the annual subscription to "Intratec Industry Economics Worldwide". To better understand data provided check Intratec Industry Economics Worldwide Methodology .
Data Delivery Methods
Plant Location Factors are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
Intratec Industry Economics Worldwide
Assess Manufacturing Competitiveness of Singapore & 32 other Countries
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About IL Factors
Plant Location Factors are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. IL Factors are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Covering as many as 33 countries, Plant Location Factors are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.
About Singapore Manufacturing Industry
Singapore's economy is known for its robust and highly developed industrial base, characterized by a strong emphasis on innovation, technology, and global trade. As a major financial and logistics hub in Southeast Asia, Singapore excels in various sectors, including electronics, pharmaceuticals, biotechnology, and precision engineering. The manufacturing sector plays a crucial role in Singapore’s GDP, contributing significantly to employment and economic growth.
The Singaporean manufacturing industry is distinguished by its focus on high-quality production and advanced technological capabilities. With a highly skilled workforce and state-of-the-art infrastructure, Singapore has established itself as a leader in producing high-value goods. The electronics and semiconductor sectors are particularly prominent, driving substantial export revenues and positioning the country at the forefront of technological innovation.
As Singapore adapts to global economic trends, such as sustainability and digital transformation, its manufacturing sector remains essential to economic resilience. The country is increasingly investing in green technologies and smart manufacturing practices, reinforcing its commitment to sustainable industrial development. With a strong emphasis on research and development, Singapore is well-positioned to continue its legacy as a key player in the global manufacturing landscape for years to come.