Singapore Economic Development Board

The Economic Development Board (EDB) of Singapore is a government agency responsible for planning and executing strategies to enhance Singapore's position as a global business center. The EDB was established in 1961 with the goal of attracting foreign investment to Singapore and promoting the country's economic development.

Over the years, the EDB has played a significant role in attracting major multinational corporations to set up operations in Singapore and in helping local businesses to expand globally. Some of the notable milestones and events in the development of the EDB include the establishment of the Jurong Industrial Estate in 1968, which became a key driver of Singapore's industrialization, and the launch of the "Singapore: The Global Schoolhouse" initiative in 2005, which aimed to position Singapore as a leading destination for international education.

The CEO and management team of the EDB consist of experienced professionals from a variety of backgrounds, including economics, finance, and business. They are responsible for executing the EDB's strategic plans and for working with businesses and government agencies to promote economic development in Singapore.

The EDB provides a range of services to businesses, including investment promotion, market entry support, and business development assistance. The industries it serves include biopharmaceuticals, clean technology, consumer business, engineering, and information and communications technology. The EDB is known for its expertise in helping businesses to establish and grow in Singapore, as well as for its comprehensive approach to supporting the country's economic development.

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