SINGAPORE - Fallout from the coronavirus outbreak in Wuhan is unlikely to hit investment commitments to Singapore in the next couple of years, Economic Development Board managing director Chng Kai Fong said on Monday .
"In the short term, yes, get hit in the sense that I'm having far meetings this period than before," he said. "Those are good factors for us. So, I would say, in the next year or two, we still remain rather optimistic about Singapore." He said that even before the outbreak of the virus, the EDB had been talking to companies about supply chain resilience."But it's not so easy to change supply chains overnight... These are long-term investments. The relationship with suppliers is not built overnight," he said.
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