Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.
The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments.
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The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development in the manufacturing and internationally tradeable services sectors. Industries within our purview account for more than a third of Singapore’s annual GDP. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.
Besides facilitating investments, we engage Singapore’s existing base of companies to transform their operations and boost productivity, and to generate growth in adjacent and disruptive areas by growing new businesses out of Singapore. We work with companies by providing information, connection to partners and access to government incentives for their investments, as well as their transformation and growth initiatives.
A glimpse of our industry initiatives and partnerships here:
Leaders from decisions intelligence provider Stemly and cocoa and chocolate multinational Barry-Callebaut discuss how their successful collaboration reflects a culture of co-innovation that places Singapore at the forefront of advanced manufacturing.