Singapore has built on its advantageous geographical location to become one of the world’s top transportation hubs for sea and air cargo. Singapore’s container ports are the busiest in the world. They offer a choice of 200 shipping lines with links to some 600 ports in 123 countries.

Changi International Airport is linked to 182 cities in 57 countries, with more than 4,000 weekly flights, providing convenience and effective connectivity for passengers and cargo. The Changi Airfreight Centre is a 24-hour, one-stop hub for the storing, moving and repackaging of goods without the need for documentation and custom duties. This has drawn some 6,000 logistics providers to Singapore, including 21 of the world's top 25 third-party logistics providers.

 

Getting around the island is effortless with the highly-efficient Mass Rapid Transit system, and bus and taxi services. On the infocomms front, the country’s broadband network reaches 99 per cent of the population. International and regional connectivity now stands at 27.6 Tbps to more than 100 countries.

 

Companies here have the necessary land, air, sea, and telecommunications linkages nessary to move freight and services anywhere in the world, whenever they are needed.

 

Singapore’s extensive trade links provide companies with greater market connectivity through the reduction of tariff and non-tariff barriers. The Republic currently has the most extensive network of free trade agreements (FTAs) in Asia. Agreements have been signed with key economies such as US, Japan, Australia, New Zealand, members of the European Free Trade Association, Jordan, China, Chile, South Korea, India and Panama.

 

Negotiations are in progress for FTAs with Middle East and South Asian economies. On top of this, Singapore has signed 35 investment guarantee agreements (IGAs), designed to help protect investments made by Singapore-based companies in other countries against non-commercial risks.