Invest in Singapore: Create what's next
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INVEST IN... Possibilities and reinvention World-class business capabilities A gateway to Southeast Asia’s rapid growth BENEFIT FROM... An economic powerhouse An attractive business environment A talent pool at your doorstep A network across the globe A future-ready infrastructure base A world-class quality of life TURN WHAT IF INTO WHAT'S NEXT Invest in Singapore for business growth 02 | Image courtesy of JTC
A STORY OF PASSION MADE POSSIBLE Over five decades, Singapore has transformed into a city of possibilities. As a country with humble beginnings, we defied the odds to enable the success of the most enterprising businesses and brightest minds. Today, the country is a top destination in the world for business, economic competitiveness, talent, and liveability. Discover why we are your best business partner and how we can help you unlock new opportunities. 03 | FOREWORD Image courtesy of JTC
2000s 2010s 1980s 1990s 1960s 1970s Growing our Expanding our Deepening our knowledge Fast-tracking our innovation Developing technology Building capital our skills our labour ACCELERATED BUILT A STARTUP GROWTH ENHANCED HUMAN Established Block 71 at KNOWLEDGE- INVESTED IN RESOURCES JTC Launchpad @ onenorth, EDUCATED OUR BASED ECONOMY AIR AND SEA AND SOFT an entrepreneurship PIVOTED TOWARDS Developed specialist SINGAPORE EXPORT-LED INDUSTRIALISATION WORKFORCE Streamlined vocational TRANSPORT INFRASTRUCTURE INFRASTRUCTURE 15 Created technology-focused research and development (R&D) workspace for startups, venture capital firms and tech incubators23 training and established CONSTANTLY Developed infrastructure for business parks including hubs including Biopolis, Developed manufacturing, joint-training institutes,4 our world-leading aviation Jurong Island Industrial Fusionopolis and shipbuilding and tourism attracting global MNCs and transhipment hubs10,11 Cluster and Changi Business Mediapolis @ one-north20 NURTURED AN PURSUES through labour law reforms seeking skilled labour5 and education investments1 Park,16 and developed world- INNOVATION ESTABLISHED class research-intensive ECOSYSTEM DEEPENED R&D POSSIBILITIES STIMULATED DEVELOPED PHARMACEUTICAL OUR CHEMICALS INDUSTRY universities17 CAPABILITIES Doubled the number of Launched Digital Industry Singapore to help businesses GROWTH OF OUR AND AND AEROSPACE Started Jurong Island PROMOTED TRADE research scientists and capitalise on technology- SEAPORT ECONOMY INDUSTRIES petrochemicals complex, sector opportunities, Launched Jurong Port2 and AND TECHNOLOGY engineers at universities Invested in technological laying the foundation for emerging as a top global TRANSFER REINVENTION and research institutes21 industrial estates to support hub for startup talent24 infrastructure and attracted one of the top refinery Established the Singapore- heavy shipping industries market leaders to set up and chemical export Johor-Riau (SIJORI) growth industrial facilities6,7 hubs globally12 GlaxoSmithKline celebrated triangle18 (now known as STRENGTHENED ESTABLISHED the SG+1 twinning model) the 50th anniversary of In the past 50 years, we have ENTERPRISE the founding of Glaxo ROBUST Hamilton Sundstrand built TRANSITIONED and ASEAN free trade INNOVATION Singapore with a new adapted to help businesses MANUFACTURING an aircraft equipment parts TO HIGH-VALUE area19 vaccine plant here Invested in strategic keep pace with global tides INFRASTRUCTURE plant —our first major TECHNOLOGY- Research, Innovation and Opened National Iron investment in aerospace8 Enterprise programmes DRIVEN ACTIVITIES Renewable Energy of change. and Steel Mills in Jurong Focused on research and Exxon Mobil broke ground Corporation (REC) and implemented Seiko Instruments opened with its largest integrated Industrial Estate, instituting rigorous intellectual development, engineering refinery and petrochemical established its largest ever our leading semiconductor, its first watch movement property regimes25,26 design, and computer facility in Asia solar plant here22 electronics and information factory outside Japan in software services,13 technology manufacturing Singapore9 and established an Jurong Island was officially FAST-TRACKED industries international trading hub opened with over S$20 INDUSTRY 4.0 and financial centre14 billion in petroleum and TRANSFORMATION National Semiconductor petrochemical investments Embarked on our strategic set up Singapore’s Apple Computer set up Smart Nation initiative to first semiconductor a manufacturing facility accelerate technological manufacturing facility in Singapore in 1988, adoption and industry launching our capital- digitalisation27 Texas Instruments signed intensive high-tech a deal to manufacture manufacturing industry semiconductor and Dyson invested in a digital integrated circuits here3 motors manufacturing Seagate anchored disk-drive facility in Singapore to manufacturing here in 1982 increase its production capacity by 100% Micron Technology established its NAND flash memory fabrication facility and Centre of Excellence 04 | INVEST IN... POSSIBILITIES AND REINVENTION
World-class Top global innovation business hub centre 1stGLOBALLY 1st I N I N N O VAT I ON INPUT GLOBALLY IN CO M P E T I T I V E N E S S SINGAPORE’S 1st Sw ze re en nd 2 20 3 3. Swit apo 1. enm erla ed rla 2. witz 20 Sin er 2. Sing 3. IN ASIA IN D nt IM Ce ga rk d S D 2nd W I N N O VAT I O N ss WORLD-CLASS po or 1. ne ld a n ive Co re tit m pe pe m tit iv Co en e or ea ld es INNO or GLOBA LLY ap or s CAPABILITIES W Ce ng uth K ong D nt 1. IM IN EASE OF er i Ne VA S K 20 2. w 20 8. . So ong DOING BUSINE SS 10 . H 28 33 0 Sin Ze 02 3. Ho gap alan T 11 an k2 KEEP YOUR dB ng ore d S I orl W 4th Ko ng S O BUSINESS AHEAD Wo N E rld Ban k2 020 29 IN ASIA IN N HIGH-TECH 1st hina SI g EXPORTS OF THE CURVE 1. C ng Kon 1. Sw itzer . H o ore 2. Sin lan 4 n g a p gapor d 7. Si BU 3. No e IN ASIA IN LEAST rway Ban k 2016 39,40 World RISKY COUNTRIES FOR INVESTMENTS Here’s how we measure up. Euromoney Country Risk 201930 2nd Y 4.0 1. United States 6. Singapore 2. Singapore GLOBALLY FOR 1st rea 3. Switzerland 7. South Ko FUTURE-READINESS 10. Ja pa n IN DRIVERS OF TR PRODUCTION 31 20 x 20 IN ASIA IN BUSINESS vatio n Inde Worl d Econ al Inno omic F SOPHISTICATION Glob orum 2018 41 US 1. B 2. S angal 3. S inga ore D hen pore zhe IN IN n NT O A Co llie 1st V LA rs Ra T E C H D E S T I N ATI O N E da N T ITO N r2 01 IN SOUTHEAST ASIA Global 8 42 itz d re A N D 2 N D I N A SI A 18 34 Sw lan apo nd 20 talent Fi ing la m er oru S n cF 1. Index, ness 2020 36 1. S hilippi mi 2. P alaysia 2. no 3. M petitive magnet co 3. 3. Taiwan 2. United States 1. Singapore ngap ates ing dE 2. Un zerland rl apo s Wo nt Com ore St EF Ed 1st Business re ne ited l Tale wit ucati Intelligen ent Risk 1. S Globa on Fir Environm 3. Si st, 20 G L O B A L L Y I N Q U A L I T Y O F M AT H ce 2017 37,38 2 A N D S C I E N C E E D U C AT I O N 1st 035 1st Premier 1st IN ASIA Industry 4.0 IN ASIA PACIFIC AND FOR ENGLISH 3RD GLOBALLY IN PROFICIENCY GLOBALLY D E V E L O P I N G , AT T R AC T I N G A N D R E TA I N I N G TA L E N T IN LABOUR FORCE destination 05 | INVEST IN... WORLD-CLASS BUSINESS CAPABILITIES
DISCOVER A MARKET OF OPPORTUNITIES With its size, rapid development and digitally-savvy consumer market, SEA offers firms sustained growth opportunities. SINGAPORE IS 5th 65% 650 US$300 A GATEWAY TO largest single market middle class million people billion Combined consumer Over half its population One of the largest Tripling in size SOUTHEAST market value of under the age of 30 consumer markets between 2015 US$3 trillion47 and digitally-savvy48,49,50 in the world51,52 to 202553 ASIA’S RAPID GROWTH Beyond helping your business succeed in Singapore, we help LEVERAGE A ROBUST you tap into opportunities A region of diverse PRODUCTION BASE across Southeast Asia (SEA). manufacturing capabilities Asia already accounts for 60% of global economic growth,43 and businesses are looking Manufacturing capabilities Talent at SEA for the next chapter of Known for a range of 3rd largest labour force Asia’s growth.44 manufacturing capabilities in the world offering offering resilient and cost-competitive and The region is set to become the diverse supply chains54,55 skilled talent56 world’s fourth-largest economy in the next decade,45 and is the world’s fastest growing Internet economy today.46 Free trade agreements Natural resources Extensive trade networks Rich in resources help you remain such as palm oil, competitive and trade rice, and rubber57,58,59 easily with the world 06 | INVEST IN... A GATEWAY TO SOUTHEAST ASIA’S RAPID GROWTH
ACCESS SOUTHEAST ASIA’S GROWTH We are Digital economy Ride the wave of SEA’s digital growth. Singapore’s the bridge ecosystem of innovation centres, tech talent, funding, to SEA and services lets you grow your digital business. Top tech companies with a presence here include Alphabet, Amazon, Facebook, and Microsoft60 Sustainability Venture capital Lead greener growth. Access SEA’s active venture SEA’s green economy capital scene. Singapore will grow to US$1 trillion accounts for over 50% of total by 2030. Create greener aggregate value of deals in the opportunities in Singapore, region since 2014 and makes Asia’s most sustainable city61,62 up 75% of total venture capital dollars invested in 201965 Regional headquarters Global connectivity Create synergies across the Access the world from region. 46% of Asia regional here. Coordinate regional headquarters are based in activities with ease in Singapore, including Fung Group, Singapore, one of the top Johnson & Johnson, Mastercard, global logistics hubs66,67 Pfizer, and Schneider Electric63,64 LEVERAGE OUR NETWORKS AND RESOURCES Complementary advantages Regional partnerships Our SG+1 twinning model lets companies combine ASEAN Patent Examination Co-operation Southeast Asia Manufacturing Alliance our business advantages with those of our closest Expedites patent application processes by Enables manufacturers to tap a network neighbours – Johor in Malaysia, and the Batam, sharing search and examination results of over 10 industrial parks across countries Bintan, and Karimun (BBK) islands in Indonesia between nine offices in Southeast Asia68 such as Indonesia, Malaysia, and Vietnam to expand manufacturing footprints and Global Innovation Alliance diversify supply chains70 Supports international startups with scaling up Explore SG+: Twinning for a winning in Asia by connecting them to overseas business Watch our A SEA of Opportunity manufacturing strategy in SEA to learn and tech communities across 11 countries69 webinar series for executive insights about our synergistic manufacturing bases. on opportunities in Southeast Asia. 07 | INVEST IN... A GATEWAY TO SOUTHEAST ASIA’S RAPID GROWTH
Build upon a stable and resilient economy Depend on stability with our top marks in political and operational stability71 Be supported by the rule of law with our policymaking transparency72 Trust in our transparency with the lowest corruption levels in Asia Pacific73 Count on strong labour support with strong labour force participation74 AN ECONOMIC POWERHOUSE Prepare for a digital future Invest in the future of your business. Lead in industrial R&D in advanced manufacturing, engineering, Base your operations in health, biomedical sciences, urban solutions, and sustainability, fast- our strong and diversified tracked by our Research Innovation economy that is rich in Enterprise 2025 programme77 opportunities for growth. Create cutting-edge Smart City solutions in urban living, transport, and health, and benefit from digital-ready Find investors infrastructure, accelerated by our Smart for your business Nation initiative78,79 Benefit from Singapore’s dynamic capital Design world-class Artificial Intelligence (AI) market. International listing hub Singapore solutions in transport, logistics, smart cities, Exchange (SGX) manages over S$2.4 security, healthcare, and education, supported trillion in assets75 by our national AI strategy80 Access regional venture capital (VC) flows. Singapore’s VC liquidity dominates in Southeast Asia (SEA). Startups here generated 45% of regional tech investment exit proceeds in 2020, and 8 of SEA's 17 unicorns are based here76 08 | BENEFIT FROM... AN ECONOMIC POWERHOUSE
DIVERSIFIED SECTORS Our economy consists of globally leading industries, with our growing services sector bolstering our manufacturing-based economy. AEROSPACE CONSUMER BUSINESSES CREATIVE INDUSTRIES ELECTRONICS ENERGY AND CHEMICALS We contribute 10% of global We are a gateway to Asia, We are a UNESCO Creative Our semiconductor industry We lead as the eighth largest aerospace maintenance, where consumer spending is City of Design, leveraging is Asia Pacific’s most diverse, exporter of chemicals in 2017, repair, and overhaul output81 on track to hit S$75 trillion creativity, technology, and the with S$90 billion (US$67.9 with over 100 global chemical (US$55 trillion) by 203082 arts to create strategic value billion) in output in 201785,86 firms in Singapore87 in urban development83,84 INFORMATION AND LOGISTICS AND SUPPLY MEDICAL TECHNOLOGY NATURAL RESOURCES OIL AND GAS EQUIPMENT COMMUNICATIONS CHAIN MANAGEMENT We are home to more than We are a hub for agri- AND SERVICES TECHNOLOGY We handle one-seventh 60 multinational MedTech commodities, metals and We are a top oil and gas hub in We are the most digitally of global container companies at the heart of minerals, and home to Asia and home to over 3,000 connected country in the transhipment throughput, Asia, the second largest eight of the top 10 global established marine and offshore world, and home to global and the most for any hub on MedTech market in the world90 commodities trading firms91 engineering firms92,93 regional technology leaders88 the planet89 PHARMACEUTICALS AND PRECISION ENGINEERING PROFESSIONAL SERVICES URBAN SOLUTIONS AND BIOTECHNOLOGY Over 2,700 firms here produce Our specialist services, SUSTAINABILITY We manufacture six of the top 11% of global semiconductor which include data analytics We are an urban living lab for 10 drugs by global revenue and equipment output96 and supply and artificial intelligence, companies creating green, invested S$4 billion (US$2.9 to nine of the top 10 global delivered S$31 billion digital, and efficient urban billion) in R&D between 2016 wafer fabrication equipment (US$22.7 billion) of value solutions for the region99 and 202094,95 companies97 between 2016 and 202098 09 | BENEFIT FROM... AN ECONOMIC POWERHOUSE
BENEFIT FROM SCALE YOUR OPERATIONS PRO-BUSINESS POLICIES THROUGH OUR GLOBAL HUB Bolster your growth through our supportive Discover how you can grow your business in one of policies and regulatory systems. the most competitive economies in the world. Partner us for high-value Be in Asia’s decision- economic activities making centre Innovation grants support 46% of global MNCs have their Asian research and development headquarters in Singapore101 training and capabilities Over 500 investors and 200 incubators Expansion incentives support and accelerators in our global network102 corporate management functions such as headquarters Access key business partners, AN ATTRACTIVE and finance treasuries, as well as efficient use of industrial land expertise, and networks BUSINESS Regulatory sandboxes help One of the best locations in the world for doing business103 you develop innovations ENVIRONMENT quickly and effectively 4th most competitive financial centre globally with over 200 banks and global audit and tax practices to serve your Whether you are a large financing and treasury needs104 multinational corporation or Over 1,000 local and global law a fast-growing startup, set up practices for your legal needs and grow your business here Asia’s most competitive marketing with ease. Have confidence in our robust hub for deep customer insights105 tax and regulatory system Build cutting-edge Competitive tax rates and schemes solutions for the world106 Expansive network of Avoidance 1st in Asia in innovation and 8th globally107 of Double Taxation Agreements 1st in Asia in IP protection and 2nd globally108,109 Strong rule of law and dispute resolution mechanisms100 Comprehensive IP Leverage our deep engineering legal framework and innovation capabilities 4th largest exporter of high-tech products and high-value manufacturing110 Over S$25 billion (US$18.4 billion) to be invested over 2021-2025 to boost engineering and innovation capabilities as part of the Research, Innovation and Enterprise 2025 plan111 Download our Setting up in Explore our network of curated business 10 | BENEFIT FROM... AN ATTRACTIVE BUSINESS ENVIRONMENT Singapore Guide to learn more. partners through our Connections Concierge.
FIND THE BEST TALENT Meet your human resource needs with an adaptable and digitally-capable workforce that is supported by our national skills initiatives SkillsFuture and Workforce Skills Qualifications.112 Tap on Over S$1 billion (US$739 million) future-ready invested annually from 2015 to 2020 capabilities in continuing education and training113 Top universities National University of Singapore and Nanyang Technological University placed 1st and 3rd in Asia, a reflection of our quality academic and 1st in talent research capabilities115 competitiveness A TALENT in Asia and 3rd in the world with Recruit the Count Str on 6 local universities, 14 foreign universities and 24 specialised institutes provide a wide POOL AT YOUR strong digital and best global quality range of specialised degree programmes116 DOORSTEP future-ready talent performance114 talent educations From entry-level associates to senior decision-makers, find the right talent for your business needs here. Hirevefrom a Partner 5G, advanced manufacturing, artificial intelligence (AI), biotechnology, 44 strong local institutes blockchain, cybersecurity, fintech, agri- and uni ve to grow food, and solar energy are amongst workforce institutes the key talent and research areas talent organisations such as Asian Development Bank, Bosch, KPMG, NexTech BioPharma, Over 70% of our residents communicate in two or PayPal, Salesforce, and Sembcorp more languages117 Industries are developing with us World's 2nd-highest Corporate universities of AXA, Deloitte, proportion of high-skilled Sony, UBS, Unilever, and Visa here offer employment.118 59.9% of our global leadership development and 3.7 million-strong workforce Develop management training programmes119 are in professional, managerial, executive, business Over 100 Professional Conversion and technical roles, with a leaders and Programmes across multiple disciplines to support mid-career professionals in median income of S$4,534 specialists developing new skills across finance, marketing, digital and more120 11 | BENEFIT FROM... A TALENT POOL AT YOUR DOORSTEP
1st Best seaport in Asia: Our port has emerged on top for the 33rd time (2020 Asian Freight, Logistics and Supply Chain Awards)125 1st Most important shipping hub globally: We 1st in connectivity: We have the are the world’s most important shipping hub A NETWORK best flows of goods, services, finance, people, and data globally121 (Xinhua-Baltic International Shipping Centre Development Index 2020)126,127 ACROSS THE GLOBE 26 FTAs 2nd Access Asia’s high growth 26 bilateral and regional Free Trade Agreements (FTAs): Access Branch out 2nd biggest transhipment hub globally: We handled 37.2 million twenty-foot equivalent markets through our world- We trade with the world with FTAs that include the European international with a global units (TEUs) in 2019128 class transportation and Union-Singapore FTA and the trade transport trade networks. Comprehensive and Progressive networks network124 200 Trans-Pacific Partnership122 2 DEAs 200 shipping lines: We connect you to over 600 ports in 120 countries across the world129 2 Digital Economy Agreements (DEAs): We foster digital trade and collaboration across economies with DEAs with Chile, New Zealand, and Australia123 1st World’s best airport: Changi Airport has been ranked top airport for eight consecutive years (Skytrax 2020)130,131 Best global air cargo airport: We top the world for cargo performance, value, and facilities, with 2.01 million tonnes handled in 2019 132,133 12 | BENEFIT FROM... A NETWORK ACROSS THE GLOBE
1st 1st in digital infrastructure: Benefit from the best digital infrastructure and industry connectivity in Asia134 27 Top global submarine cable hub: Connect to the world’s data flows through us, with 27 submarine Smart hydrohub: With strong water internet cables housed in Singapore135 research capabilities and over 180 water companies, gain access to >60% robust and innovative water solutions143 >60% of SEA’s data capacity: Access Enjoy Build on A FUTURE-READY data you need with over half of SEA’s data centres hosted here136 outstanding reliable INFRASTRUCTURE Top power reliability: We offer more digital physical 159% power reliability than world-class cities connectivity infrastructure like Tokyo, London, and New York, with BASE 159% mobile penetration: Reach under a minute of power interruption per customer per year144 customers easily with our mobile-first population and fast broadband and Stay competitive and mobile internet speeds137,138,139 customer-focused with our best-in-class infrastructure. 30.7ms Reliable public transport: Ranked one of the best and most affordable by McKinsey in 2018, our transport 30.7 milliseconds of latency: system connects you to any part of Create quality user experiences Be part the island safely and quickly145 with the lowest latency in the world140 of quality business 5G ecosystems 5G networks: Accelerate enterprise innovation with nationwide 5G coverage by 2025141,142 Industrial Business parks parks Our state-of-the-art industrial facilities Connect with the right partners to give you a technological edge in innovation. foster collaboration and innovation. Changi and Seletar Aerospace Parks Ang Mo Kio Industrial Park CleanTech Park Changi Business Park Jurong Island Petrochemical Hub Jurong Innovation District Loyang Offshore Supply Base one-north (Biopolis, Mediapolis, Tampines and Pasir Ris Wafer Fabrication Parks Fusionopolis, LINK, Launchpad@Block71) Tuas Biomedical Park Pioneer and International Business Park Woodlands and North Coast Wafer Fabrication Parks Punggol Digital District Tai Seng and Chai Chee Technopark 13 | BENEFIT FROM... A FUTURE-READY INFRASTRUCTURE BASE Image courtesy of JTC
LIVE IN A VIBRANT AND SAFE CITY Here, you can have more time for the New Zealand, and Germany.146 Our things that matter. We are one of the vibrant city life, amazing food, clean safest countries in the world, and have air, top entertainment options, family- been ranked one of the best cities to live in friendly venues, and orderly streets for the seventh year running in the HSBC make us first in Asia for liveability in Expat Explorer Survey, beating Norway, Mercer’s Quality of Living Survey 2019.147 ENJOY PROFESSIONAL MEDICAL CARE 148 A WORLD-CLASS Our residents’ life expectancies rank among the top three in the world.149 specialist clinics.150 Be assured of quality outpatient healthcare with 20 government QUALITY OF LIFE Benefit from a world-class healthcare system comprising eight private hospitals, polyclinics and 1,700 private general practitioners, as well as 24-hour clinics and Accident and 20 public hospitals, and a host of Emergency services across the island.151 Enjoy world-class healthcare, education, connectivity, and the opportunity to turn your passions into possibilities. ACCESS QUALITY EDUCATION We are first in the world for school quality In addition to our world-class public in HSBC’s 2020 Expat Explorer Survey153 and school system, choose from over 30 the 2018 World Bank Human Capital index.153 foreign system international schools.155 We regularly ace the OECD’s Programme With kindergarten, childcare and infant- for International Assessment (PISA), which care, and after-school care centres places our pupils three years ahead of widely available, rest assured that your their American peers in Mathematics.154 children will be well supported. TRAVEL AROUND SEAMLESSLY Wherever you live, find yourself at the heart services are at your fingertips. From of essential facilities such as supermarkets, e-Government services and internet banking clinics, and banks. With one of the fastest to lifestyle goods and services, we bring the broadband speeds in the world,156 digital best of Asia and the world into your home. 14 | BENEFIT FROM... A WORLD-CLASS QUALITY OF LIFE
Turn your passion into possibilities PLUG RIGHT INTO Are you a history buff? A lover of the outdoors? A diving, golfing, or equestrian enthusiast? GLOBAL CONVERSATIONS A connoisseur of gourmet delights? No matter your passion, we make it possible here. We connect you with people of all tongues, no matter what language you speak. English is our primary language of work and play, but over 70% of our people are bilingual.161 Mandarin, Bahasa Melayu, and BE AT HOME WITH ASIA’S Tamil are taught at all mainstream schools, CULTURAL DIVERSITY and options for regional and international Combining modernity with heritage, our languages such as French, Thai, and cosmopolitan people celebrate every Vietnamese are easily available. creed and culture. Immerse yourself in our vibrant ethnic quarters and explore over 50 museums and galleries.157 Gain insights to contemporary and traditional musical, theatrical, and multimodal performances. JOIN OUR NATION OF FOODIES Satisfy your cravings in the “ultimate food nation”.162 Our hawker culture is recognised by UNESCO for its cultural significance, UNCOVER AND TAKE HOME reflecting our living culinary heritage and multicultural people.163 From local Indian YOUR PIECE OF THIS CITY or Peranakan cuisines to exotic delights Shopping experiences abound in any from around the world, we promise you neighbourhood you find yourself. Take your mouth-watering gastronomic experiences. pick of luxury, cult, and high street brands at the epicentre of our retail scene, Orchard Road, or explore eclectic fashion boutiques, time-worn textile stores, and limited-edition streetwear at Kampong Gelam. FIND THE ACTION YOU SEEK Singapore is the healthiest nation in Asia,164 thanks to our love of sports. Cycle along our island-wide network, and live out your FIND YOUR FAVOURITE athletic dreams at the Singapore Sports CORNER OF SERENITY Hub, with facilities for climbing, football, WE ARE A tennis, water sports, wave-riding and With ourLIVEABLE urbanCITYgreenery, parks, YOU nature THAT WELCOMES more. Be where the excitement is with our reserves, mangroves, tidal flats, and coral professional esports and mixed martial arts reefs, it is no wonder we are a City in a tournaments.165 Here, the action never stops. Garden. Visit UNESCO World Heritage Site Singapore Botanic Gardens or award- winning Gardens by the Bay.158,159 Discover our array of over 300 parks and nature reserves, which combined with other pockets of green spaces make up 47% of our land area.160 Discover what our city has to offer for you and your loved ones. 24 | 15 BENEFIT FROM... A WORLD-CLASS QUALITY OF LIFE Download our Guide to Living in Singapore.
TURN WHAT IF INTO WHAT'S NEXT Invest in us for business growth. Cosmopolitan and yet Southeast Asian at heart, Singapore offers you one constant: the drive to continually reinvent ourselves amidst change. We hope you found this guide presented by the Singapore Economic Development Board useful. The EDB, a government agency under the Ministry of Trade and Industry, has over 50 years of experience in helping companies expand their business operations in Asia. We also work with other government agencies to ensure that your company is well supported by a positive business environment and a strong, competitive talent workforce in Singapore. New businesses looking to set up in Singapore may connect with EDB’s curated network of partners through our online service, the Connections Concierge. To get in touch with partners through the Connections Concierge, scan this code to submit an enquiry here. If you would like to take the next step to set up in Singapore or if you have questions regarding expanding your business, scan this code to reach out to us here. We look forward to partnering you in your journey. LEGAL DISCLAIMER Thank you for reading Invest in Singapore: Create what’s next. The Singapore Economic Development Board (EDB) make no representation or warranties with respect to the accuracy, applicability, fitness or completeness of the contents of the document. The information contained in the document is strictly for educational purposes, and does not constitute any financial or other professional advice. EDB shall not be liable for any damage or loss of any kind, howsoever caused as a result (direct or indirect) of the use of the document, including but not limited to any damage or loss suffered as a result of reliance on the information contained in or available in the document. EDB is not responsible for the information in any linked site or any link contained in a linked site. The hypertext links provided herein are provided only for convenience and the inclusion of any link does not imply endorsement by EDB of the referenced site. EDB reserves the right to update or modify the document from time to time. © 2021 Singapore Economic Development Board. All rights reserved. This document or parts thereof may not be reproduced in any form whatsoever. 16 | TURN WHAT IF INTO WHAT'S NEXT INVEST IN SINGAPORE FOR BUSINESS GROWTH
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