MTI overhaul elevates energy under new name, leadership

DPM Gan Kim Yong and Minister Tan See Leng will co-lead the renamed ministry.

The Ministry of Trade and Industry (MTI) is set for an overhaul, including a new name and leadership changes, reflecting an expanded focus on energy policy, according to Prime Minister Lawrence Wong.

The ministry will be renamed the Ministry of Energy, Trade and Industry (METI) from 1 October, he announced at the Press Conference on the Changes to the Cabinet and Other Appointments on 22 July.

“Energy is becoming increasingly central to Singapore’s economic competitiveness, industrial transformation and long-term resilience,” Wong said.

Tan See Leng will be appointed Minister for Trade and Industry overseeing energy and industry from 27 July, whilst Deputy Prime Minister Gan Kim Yong will continue to oversee trade and Singapore’s broader economic strategy.

Tan, who has been serving as Minister-in-charge of Energy and Science and Technology, will relinquish his position as Minister for Manpower.

In a separate statement, the MTI said the renaming reflects the government’s growing focus on energy. It will focus on securing stable and competitively priced energy whilst supporting Singapore’s transition towards its 2050 net-zero target.

The ministry’s existing energy initiatives include constructing a second liquefied natural gas terminal and centralising gas procurement for the power sector.

It is also expanding solar-energy deployment, seeking partnerships to import low-carbon electricity, and assessing technologies including nuclear energy.

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