| |
The nation’s interest always comes first. Each group at EDB is guided by our vision of making Singapore a global hub for business and investment.
To help you understand the many ways in which we work towards our vision, we invite you to learn more about the work of our three business groups in EDB, namely
1. Industry Development
2. New Businesses
3. Planning & Policy
4. Corporate Development
We hope the EDB Business Group snapshots will provide you with a glimpse into the various activities of each of the units within EDB.
Industry Development
Industry Development groups form the cornerstone of EDB’s industrial strategy of growing both the manufacturing and services sectors that constitute 40% of Singapore’s GDP.
Our officers in the Industry Development are tasked to attract and facilitate investments and business activities into Singapore that are in-line with our strategic industrial plans. We work closely with companies to understand their needs, configure their activities and assist in their implementation. This involves engaging CEOs, decision-makers and management in both the private and public sectors. Our intent is to help companies succeed such that the industries in Singapore can continue to flourish.
The industry clusters in EDB include
Biomedical Sciences and Healthcare Services, Chemicals, Education Services, Electronics, Engineering and Environmental Services, Headquarters and Professional Services, Infocommunications and Media, Logistics, Precision Engineering and Transport Engineering.
|
| |
New Businesses
Singapore needs to build next-generation industries for economic growth in the next decade. As part of this drive, our officers in the New Businesses group are tasked to look specifically into new sources of growth in the next 3-10 year timeframe. Building on the strengths of our existing industry sectors and research entities, the Group aims to nurture future industries that could become important contributors to the economy. This could be in the areas of new technologies and emerging industries like lifestyle & sports, clean energy and environment & water
Planning & Policy
To maintain Singapore’s leadership position, EDB will continue to nurture an active and competitive business environment. The Planning & Policy Group reviews global economic and industry trends to develop and execute economic development strategies to ensure Singapore’s sustainable competitive strengths.
Officers in the Business Environment (International Agreement) division ensure we are well connected to the global economy by expanding Singapore's economic linkages with the region and the world through free trade agreements and other bilateral or business networks or multilateral government arrangements.
To ensure that we remain open and attractive to investors and talents from the world over, the Resource Development division reviews and proposes policies and strategies to ensure the reliability and availability of skilled manpower, as well as excellent industrial and business infrastructure.
To remain competitive and relevant as an international business hub, officers in the Business Environment (Tax & Financial Policy) play a critical role in evaluating the effectiveness of finance and tax related tools for EDB’s investment promotion efforts. The division is instrumental in developing new policies & programmes in anticipation of and in response to changing market conditions and requirements.
The Planning division advises management on strategic solutions to improve Singapore’s competitiveness as a hub for business and investments. Officers also play a critical role in monitoring the progress of EDB’s industry clusters and our investment promotion efforts. The division is instrumental in understanding global industry trends and analysing its impact on Singapore’s industry clusters in the short and medium term.
The divisions within the Planning & Policy group include Business Environment (Tax & Financial Policy, International Agreements), Planning and Resource Development.
Corporate Development Group
The Corporate Development Group plays an important role in ensuring that EDB provides a compelling, conducive, and supportive environment for our people to perform their jobs optimally, to grow, and to develop themselves to their fullest potential. The officers of the Corporate Development Group provides core organisational services and information to the EDB team achieve its vision.
The various divisions in Corporate Development include the Client Services, Finance & Administration, Human Resources, Information Systems, Legal and Marketing Communications.
Global Operations
EDB has 20 international offices in North America, Europe and Asia, with our headquarters located in Singapore. Our Center Directors based overseas market Singapore to our global clients while seeking new growth opportunities for Singapore.
Headquartered in Singapore, EDB’s international offices are located in North America ( Boston, Chicago, Dallas, Los Angeles, New York, San Francisco, Washington DC), in Europe ( Frankfurt, London, Milan, Paris, Stockholm), and in Asia (Beijing, Guangzhou, Shanghai, Mumbai, Jakarta, Osaka, Tokyo). |
|  |
|
