27 January 2022
Why It Matters: EDB Year-In-Review 2021 - Singapore draws $11.8b in fixed asset investments in 2021 despite Covid-19
Despite the challenges of the Covid-19 pandemic, the Economic Development Board (EDB) has still met its medium- to long-term targets last year by securing S$11.8 billion worth of investments for Singapore. This is a 37 percent drop from EDB’s 2020 investment commitment. Jillian Lim, Executive Vice President, Singapore Economic Development Board (EDB) shares how EDB manages to keep the investment commitments goals on track amid the continuing uncertainty and how our strong fundamentals and reputation as a trusted, stable and neutral location allowed us to capture quality investments in 2021?

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21 January 2021
EDB Year-In-Review 2020, Global Outlook 2021
Singapore attracted about $17.2 billion in fixed asset investments in 2020, despite weathering its worst recession since independence as a result of the Covid-19 pandemic. This beat the Economic Development Board's medium- to long-term target of $8 billion to $10 billion and exceeded 2019's haul of $15.2 billion in fixed asset investments. Jillian Lim, Executive Vice President, Singapore Economic Development Board shares more about EDB’s year in review report which was just released and the global outlook for 2021.

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