Singapore Seaport: Trends and Development Prospects

Abstract

Singapore is located at the crossroads of sea routes. Two hundred years ago this tropical island was uninhabited, and only sixty years ago began its independent development. Over the past years, the country has experienced two industrial revolutions, a financial center of world importance was built, and the industrial structure was transformed into an innovative one. This happened with the active intervention of the state and control over financial flows aimed at technical re-equipment and innovative restructuring of both the entire economy in general and the seaport in particular. The “yesterday”, “today” and “tomorrow” of the seaport are closely related to the economic development of Singapore, with its development in the past, functioning in the present and preparing for future transformations.