What We Do | Singapore Economic Development Board

Taking the lead

EDB is the lead government agency responsible for planning and executing strategies to enhance Singapore’s position as a global business centre and grow the Singapore economy. We dream, design and deliver solutions that create value for investors and companies in Singapore. In so doing, we generate economic opportunities and jobs for the people of Singapore; and help shape Singapore's economic future. List of 2009 project announcements.

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

Attracting Foreign 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.
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.
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:

World•Singapore

World•Singapore is a new growth formula connecting Singapore to the World, and the World to Singapore. World•Singapore 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.

World•Singapore 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.

Future•Singapore

Future•Singapore 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 Future•Singapore 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.