SINGAPORE secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's full-year projection of S$8 billion to S$10 billion, Minister for Trade and Industry Chan Chun Sing said in a media interview on Saturday.
The investments, in areas such as electronics and infocomm media, are expected to generate a few thousand jobs in the coming years, said Mr Chan. Secured despite the ongoing Covid-19 crisis, these long-term investments reflect the sustained confidence that many major investors and businesses have in Singapore, he added."Throughout the crisis, we have been known as a safe harbour."that while the economic impact of Covid-19 is expected to last for some time, companies that have the capacity to plan for the longer term have continued to engage EDB on new projects.
The investment commitments secured from January to April come from a range of industries, including electronics as well as energy and chemicals. They include projects announced last year, such as ExxonMobil's expansion of its refining and petrochemical complex on Jurong Island, which will create 135 new jobs upon completion; Micron Technology’s expanded semiconductor plant; and STMicroelectronics’ new wafer fabrication facility.
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Singapore secured S$13b in investment commitments from Jan-Apr 2020, exceeds EDB projectionSINGAPORE has secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's (EDB) full-year projection of S$8 billion to S$10 billion, Ministry for Trade and Industry Chan Chun Sing said in a media interview on Saturday. Read more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »
Despite pandemic, EDB secures S$13b of foreign investment in first 4 months of 2020It’d be interesting to hv a verified table of investment commitments against actual verified investments in the last 10 years!
แหล่ง: TODAYonline - 🏆 1. / 99 อ่านเพิ่มเติม »
Singapore secured S$13b in investment commitments from Jan-Apr 2020, exceeds EDB projectionSINGAPORE has secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's (EDB) full-year projection of S$8 billion to S$10 billion, Ministry for Trade and Industry Chan Chun Sing said in a media interview on Saturday. Read more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »
Despite pandemic, EDB secures S$13b of foreign investment in first 4 months of 2020It’d be interesting to hv a verified table of investment commitments against actual verified investments in the last 10 years!
แหล่ง: TODAYonline - 🏆 1. / 99 อ่านเพิ่มเติม »
Thousands of jobs to be created from $13b in investment commitments secured in first 4 months of 2020: Chan Chun SingThey include tech firm Micron, which intends to add 1,500 jobs here over the next few years, and online retailers Shopee and Lazada.. Read more at straitstimes.com.
แหล่ง: The Straits Times - 🏆 8. / 63 อ่านเพิ่มเติม »
Singapore secured about S$13 billion in investment commitments in first 4 months of 2020 amid COVID-19 outbreakSINGAPORE: Despite the COVID-19 outbreak, the Economic Development Board (EDB) has in the first four months of this year secured about S$13 ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »