17 Mar '17, 1am

An industry transformation map will be designed for the #property industry to help face challenges of the world

The new roadmap will focus on increasing productivity, helping workers acquire new skills and assisting firms enter into new areas of growth. Minister of State for National Development, Koh Poh Koon, announced in Parliament on Tuesday (7 March) that his ministry will create an Industry Transformation Map (ITM) for the property sector to help it face challenges in a rapidly changing world, reported Channel NewsAsia . “To survive and thrive, the industry must consider new ways of doing things,” he said, adding that his ministry will first consult industry stakeholders across the property value chain to formulate the roadmap. The ITM will focus on three objectives, namely increasing productivity, helping workers acquire new skills and assisting firms enter into new areas of growth. On raising productivity, Koh explained that the authorities will enhance processes to make it f...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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