EDB eyes $8b-10b of fixed asset investments in Singapore for 2019

Submitted By:  Danielle Isaac Case Study:  No With these investments, Singapore wants to be a regional platform amidst global trade tensions. Singapore is expected to attract fixed asset investments (FAI) worth $8b-$10b in 2019, similar to its 2018 expectations, the Singapore Economic Development Board (EDB) revealed in its yearly review. In 2018, EDB anchored $10.9b in FAI and $6.2b in total business expenditure per annum (TBE) to Singapore, within its forecast range for the year. These projects are expected to result in 17,400 new jobs and a contribution of $13.6b in value-added per annum (VA). read more