Singapore attracted record $16 billion in investments last year
Published on Jan 28, 2013 3:00 PM
Singapore attracted a record $16 billion in fixed asset investment last year, the Economic Development Board said today.
This was a 16 per cent increase from the investments that flowed to Singapore back in 2011, a positive sign given that the global economy remains weak.
When fully realised the investments will generate an additional $20.3 billion of value to the economy and generate 18,600 jobs.
EDB said that the strong investment interest proves that Singapore remains an attractive location for companies.
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