(February 15 08:34) Sbr.com.sg
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).
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