EDB secures $22.5b in fixed asset investment commitments in 2022

The electronic sectors accounted for two-thirds of FAI commitments for the year.

The Singapore Economic Development Board (EDB) ended 2022 with a record-high fixed asset investment (FAI) commitment of $22.5b.

In a report, EDB said the electronics sector had the biggest contribution, accounting for around two-thirds of FAI commitments.

“The sector saw an exceptional inflow of large manufacturing projects in the first half of the year,” EDB commented.

Looking ahead, the statutory board said it does not expect the same level of FAI commitments in 2023 due to global macro-uncertainties, increased global competition for investments, and the sharp slowdown in demand that the semiconductor industry is experiencing.

Meanwhile, EDB also reported a $6.2b Total Business Expenditure per annum (TBE) commitment for 2022.

Follow the link for more news on

Economic Development Board Singapore

investment

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia