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.
Their mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.
They undertake investment promotion and industry development in the manufacturing and internationally tradeable services sectors. Industries within their purview account for more than a third of Singapore’s annual GDP. Besides facilitating investments, they 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.