And contribute $13b in value-add to GDP.
The EDB announced lower levels of targeted investment in 2015, amid an uncertain global outlook.
According to a report by Bloomberg, the government forecasts S$9 billion ($6.6 billion) to S$11 billion in fixed-asset investment commitments this year, and targets a similar range “in the coming years,” as mentioned by EDB Chairman Beh Swan Gin.
View the full report here.
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