Albert Winsemius (26 February 1910 – 4 December 1996) was a Dutch economist best known for serving as an economic adviser to Singapore between 1961 and 1984.
In 1960, Winsemius led the United Nations Expanded Programme for Technical Assistance (EPTA) team[3] to examine Singapore's potential in industrialisation.
Winsemius presented a ten-year development plan to transform Singapore from an entrepot trading port to a centre of manufacturing and industrialisation.
He also encouraged the large-scale public housing programme since he believed that it would bolster the country's image, which would attract foreign investors.
[citation needed] One of his earliest pieces of advice was not to remove the statue of Stamford Raffles, as it was a symbol of public acceptance of Singapore's British heritage and could alleviate concerns that investors have towards a new socialist government.
[4] He visited Singapore two or three times a year to review economic performance indicators and to discuss macro-economic strategy with government planners.
Winsemius personally went to persuade large Dutch electronics companies such as Philips to set up production plants in Singapore.