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Taking the lead

The Singapore Economic Development Board (EDB) is the lead government agency for planning and executing strategies to enhance Singapore's position as a global business centre. EDB dreams, designs and delivers solutions that create value for investors and companies in Singapore.  Our mission is to create for Singapore, sustainable economic growth with vibrant business and good job opportunities. EDB's 'Host to Home' strategy articulates how we are positioning Singapore for the future.  It is about extending Singapore's value proposition to businesses not just to help them improve their bottom line, but also to help them grow their top line through establishing and deepening strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally. List of 2010 project announcements.

 

The following key elements are essential in achieving our mission and vision:

  1. Attracting Investments
    We are a one-stop agency which facilitates and supports local and foreign investors in both manufacturing and services sectors, as they move up the value chain to achieve higher sustainable returns and seek out new business opportunities.

  2. Growing Industry Verticals
    While Singapore commands global leadership in many areas, we focus on expanding and extending existing industry verticals. Exploring new growth areas will contribute towards creating good jobs and sustaining our competitiveness.

  3. Enhancing Business Environment
    While interacting with investors and promoting investments, we provide feedback to other government agencies to ensure that infrastructure and public services remain efficient and cost-competitive. This ensures that Singapore maintains a premier pro-business environment.

 

Pointing Singapore towards the future

EDB is the compass in preparing the nation for the future. While we have established a strong position in the global economy, we need to do more in this increasingly competitive global environment:

WorldSingapore
WorldSingapore is a new growth formula connecting Singapore to the World, and the World to Singapore. WorldSingapore is grounded in values of Trust, Knowledge, Connected and Life. These are based on Singapore's unique blend of competitive strengths that makes us the location of choice for global enterprises. These strengths include our strong governance, unparalleled connectivity, talented manpower, excellent infrastructure and emphasis on innovation.


WorldSingapore forms the bedrock of a world-class business environment that ensures the long-term viability of projects and Singapore’s economic and political stability. It’s only when all the various factors and business are favourable that investors will be committed to make capital-intensive investments in Singapore.

FutureSingapore

FutureSingapore is about “The Future in Singapore” and “Singapore in the Future”. This means having new creations, new innovations, new products, new services and technology – in Singapore. It is about bringing in talent, investors and businesses to contribute in creating the Singapore of the future. The idea emerged from careful analysis of emerging markets, technologies, business perspectives and global trends.

As part of the FutureSingapore initiative, we have identified three business growth themes. These are areas in which Singapore faces challenges, offers opportunities and has the potential to serve as a working model and test-bed for new ideas. The three growth themes are:

  • Urban solutions
  • Lifestyle
  • Ageing, healthcare and wellness
These are horizontal business themes which add to, and cut across, the existing industry clusters in Singapore to offer various new business possibilities.
Last updated:27 January 2012
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