What is once high end manufacturing will become common technology.
The trouble with the WP is that is very much caught and enamored by the PAP economic ideology that it tries to ape the PAP by re-inventing past PAP economic successes that worked in the 70s and 80s - instead of wafer fabs, we will now build green tech plants like solar. This is why it calls itself the alternative party. Its thinking is still well within the PAP OB markers.
The PAP has actually tried all this and more from the mid 80s and are still trying. Fine arts, micro-biology, robotics, nano-tech, education, all the R&D and more including promoting creativity and entrepreneurs. Why has there been little success?
Firstly you need real talent (local or otherwise) and we simply do not have enough of them. Our local graduates are rote learners. A massive overhaul of the education, top down is needed and it will take a generation to produce results. You need a free press, allow for free exchange of ideas and have an education system that is less restrictive; allow the freedom to pursue one's passion.
Actually the main problem is not that we don't have Ph.D A*star scholars doing all these research. We have a whole chunk of them doing them in Micropolis.
Unfortunately because the system is so politicised, with the A*Star scholars virtually piping the PAP tune, they are not so inclined to do real research and development, in order to produce new products for mass development on the high end scale.
The reason on why R&D development is so much better in Europe and in other countries is because the development side is bipartisan, and non-politicised. To these governments, even if you're a scientist whose social values are more conservative, you'd be hired as long as you do something good and make effort to invent something. Merit counts more than political stances.
In Singapore, the PAP has hired some foreign scientists who are now a bit old, and some whom have already cloned the likes of Dolly the sheep(which experiment is now 11 years old) and has had not invented anything new since. And when you add up the politicised system, the moral corruption that springs out of it and the lack of imagination shown by A*Star elite, PAP-linked scholars, its no wonder, the PAP has nothing to show for its efforts.
And that's why S'pore hasn't really produced any product that can be on the route to being manufactured that is high end, and to a high amount for sale.
So even if they have put in money and labour into these efforts, when its too politicised, and too late, the PAP have dived in too late, and the money spent are essentially wasted.
An alternative government will have to spend many years undoing the untold damage to the system caused by such actions by the PAP.