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Resilient income stream. Mandatory vehicle inspections have to be conducted at any of the 9 inspection centers in Singapore. With 7 centers strategically located across Singapore, VICOM captures more than 70% of the market share. Higher COE prices may extend the useful life of a car, thereby increasing the need for VICOM’s services.
Promoting the value of accreditation.SETSCO provides independent testing, inspection, calibration and certification services for companies across multiple industries looking to enhance consumer confidence. Increased focus on compliance with regulatory requirements and conformance to international standards will drive growth of SETSCO Services.
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