Under the Science and Technology Plan, the Ministry of Trade & Industry will commit $7.5 billion over the next five years to sustain innovation-driven growth through economic-oriented R&D, which supports key industry clusters.
Link
http://app.mti.gov.sg/data/article/2461/doc/S&T%20Plan%202010%20Report%20(Final%20as%20of%2010%20Mar%2006).pdf#search=%22Singapores%20Science%20and%20Technology%20Plan%202010%22