Productivity Innovation Project
The Productivity Innovation Project (PIP) incentive scheme co-funds up to 70% of the costs for technology adoption and innovations that improve productivity at construction sites.
In line with the measures announced at Supplementary Budget 2020, the PIP scheme will be enhanced to encourage enterprises to continue their productivity upgrading and digitalisation efforts. The maximum funding support level will be raised to up to 80% from 1 April 2020 to 31 December 2020.
The scheme aims to:
- Defray the costs required to re-engineer processes or adopt labour-efficient construction technologies.
- Encourage construction-related companies to embark on solution development projects that build up their capabilities as well as improve site productivity and reduce site workers.
• Technologies and Innovations
30-40% productivity improvement at trade level – Up to 70%* of the qualifying cost, capped at $1 million per application
>40% productivity improvement at trade level – Up to 70%* of the qualifying cost, capped at $10 million per application
• Design for Manufacturing and Assembly (DfMA) Manufacturing Facilities
Integrated Construction and Prefabrication Hubs (ICPH) – Up to 70%* of the qualifying cost, capped at $10 million per application
Other manufacturing facilities – Up to 70%* of the qualifying cost, capped at $3 million per application
• Integrated Digital Delivery (IDD)
IDD 3 stage digitalisation – Up 70%* of the qualifying cost, capped at $600,000 per application
IDD 4 stage digitalisation – Up to 70%* of the qualifying cost, capped at $700,000 per application
Local customisation of IDD platforms and solutions – Up to 70%* of the qualifying cost, capped at $500,000 per application
Note: *co-funding support will be raised to 80% from 1 Apr 2020 to 31 Dec 2020
To be eligible, construction related companies must satisfy the following conditions:
• Singapore-registered construction related business enterprise
• Apply before the procurement or implementation of proposed technology
• Implement in construction projects in Singapore
• Achieve at least 30% productivity improvement (shorter floor-to-floor cycle time, fewer workers needed, etc.) of the specific site process.