well, it depends on how you actually define "industry" lor.
industry as in for example, Hollywood .. where there are professional guilds and strict guidelines protecting the jobs of professional actors and crew, or industry as in people occasionally coming up with a film or two every 2 years..hiring a crew of people who are mostly freelancing.
I would say Singapore belongs to the 2nd category.
Yes you are rite, LucasArt will do animation rendering here in singapore... I don't think we will hab enough people for them to use... They want 300 pro here and SG only got less then the number who are really pro and dun think they will waste the time n money on training people here so good luck to those who are learning now