Lee Kuan Yew: We need MORE foreign workers
Posted by temasektimes on September 27, 2012
In a sign that there will not be any changes to the government’s ultra-liberal and pro-foreigner immigration policies, Singapore’s Supreme Leader Lee Kuan Yew declared publicly that Singapore still need MORE foreign workers.
Speaking at the 7th Russia-Singapore Business Forum on Tuesday, Lee declared:
“We are short of workers today. We have 5.2 million people of whom 1.5 million are foreign workers… We need more.”
He also gave a lecture to the Russians on how to make foreigners feel happy and welcomed:
“Today, we have more multi-nationals in Singapore, in manufacturing and R&D, services, in any field you like… We make the place liveable, safe for foreigners and their children… therefore (making it) easy for them to settle here and do business. If you do the same in Russia, you will succeed.”
Though the relentless influx of foreigners has boosted Singapore’s GDP per capita in recent years, it has also led to a widening income gap between the rich and the poor exacerbated by sky-rocketing property prices, rampant inflation and stagnant wages.
Despite promising to ‘moderate’ the inflow of foreigners on the eve of the General Election last year, it appears that the floodgates will be opened wider after PM Lee proclaimed recently that Singapore can still accommodate 6 million people or more.