When Dr Goh was appointed Minister of Finance in 1959, he introduced an industrialisation programme with the aim of creating job opportunities for Singaporean. He transformed Jurong, which was then a swamp, into a industrial estate. With the inscentives he offered, Dr Goh drew in foreign investments, all in an effort to help develop the newly built Jurong industrial estate. Dr Goh had laid its foundation stone in 1962, and soon all kinds of factories were sprouting up all over Jurong.
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