ECONOMY, MANUFACTURING | Staff Reporter, Singapore

Chart of the day: Electronics leads Q2 fixed asset investments in manufacturing

The manufacturing sector raised $1.7b of FAI commitments.

This chart from the Ministry of Trade and Industry (MTI) shows that the electronics cluster within the manufacturing sector led the largest amount of fixed asset investment (FAI) commitments at $1.7b.

Following the electronics, the biomedical manufacturing cluster garnered $712m in commitments.

According to MTI, total FAI commitments hit $4.5b in Q2 with the biggest contribution coming from the manufacturing sector.

“Investors from the United States were the largest contributor to total FAI commitments 45%,” MTI noted. “They were followed by investors from Europe who accounted for about $1.2 b of the FAI commitments (27%).

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