Investments Channelled into Arts-related Businesses in Singapore under Global Investor Programme
Usha Chandradas asked about the investment amounts in arts-related businesses in Singapore due to the Global Investor Programme (GIP) incentives and their proportion of total GIP investments. Gan Kim Yong responded that the GIP grants Permanent Resident status to eligible investors but does not provide financial incentives. He noted that there have been no recent GIP investors in arts-related businesses, and voluntary investments in the arts sector are not tracked.