EDB's Performance in Attracting Foreign Investments
- From 2011 to 2015, the Economic Development Board secured S$65 billion in fixed asset investments, expected to generate S$34 billion in annual business expenditure, S$77 billion in annual value-added, and create 107,000 jobs when fully implemented.
- The EDB uses a targeted approach to attract investments aligned with Singapore’s competitive strengths and constraints like manpower, land, and carbon emissions commitments.
- The EDB collaborates with other agencies to support existing companies, helping them improve competitiveness, productivity, and job creation for locals through skills training and job redesign schemes like WorkPro.