PACT Singapore: The Governance and Secretarial Steps an SME Must Get Right Before Signing
When an aerospace OEM or another large multinational offers to bring a Singapore SME into a Partnerships for Capability Transformation (PACT) arrangement, the commercial upside is usually obvious: co-funded capability transfer, capital investment, training, and a foot in the door with a much bigger customer. Less obvious to many SME boards is that a PACT [...]