News

Markets & Investing

Staff Reporter

, Singapore

Published:

2 years ago

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Press photo / (SGC)

SGC to back local, ASEAN companies expanding into Baden-Württemberg

Baden-Württemberg has attracted over 6,500 foreign firms.

The Singaporean-German Chamber of Industry and Commerce (SGC) was appointed to represent the state of Baden-Württemberg, Germany, in Singapore.

As a representative, SGC will support companies in Singapore and ASEAN expanding into Baden-Württemberg, known for its economic strength and European innovation leadership.

The move, unveiled during a German political delegation led by Dr Florian Stegmann on 29 February, aligns with the Germany-Singapore Framework for Sustainability and Innovation, strengthening ties in innovation, sustainability, economic growth, and education.

The chamber will also aid Baden-Württemberg entities entering Singapore and ASEAN markets to foster collaboration amidst global uncertainties.

Additionally, SGC will expand bilateral cooperation on vocational education and training, building on a longstanding mutual understanding between Singapore and Baden-Württemberg.

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