I am honoured to address this House as an MP representing the people of Aljunied GRC. This special constituency reminds us of that moment in 2011 when Singaporeans began to dream of a more plural political system, and I stand here today in service of that dream.I wish to speak on one of the most important economic questions for our country today: what it will take for Singapore to build “inherent capacity.” By inherent capacity, I mean a rooted, high-value, local base of companies and industries. For fifty years, our prosperity has been built on attracting foreign direct investment within a world of free trade. This model served us well. But in a new era of geopolitical blocs and strategic industries, this dependence is a vulnerability. High-value work, hosted on our shores, can be repatriated at any time, leaving our workers exposed.