,Singapore

Singapore rallied to fifth spot as world's largest foreign investment hub

Singapore climbed one step up, beating The Netherlands.

In 2017, Singapore received $82.74b (US$62b) of foreign direct investment, snagging the fifth spot in the world's top 20 foreign direct investment hubs, the 2018 World Investment Report of the United Nations Conference on Trade and Development (UNCTAD) revealed.

Topping the global list is the United States with US$275b worth of FDI. Meanwhile, China is Asia’s top FDI hub with a 2% YoY growth to US$136b.

According to the 2018 World Investment Report, Global FDI crashed 23% in 2017 from $2.50t (US$1.87t) in 2016 to $1.91t (US$1.43t) in 2017.

“The decline is in stark contrast to other macroeconomic variables, such as GDP and trade, which saw substantial improvement in 2017,” the report noted. A 21.76% fall in the value of net cross-border mergers and acquisitions (M&As) from $1.18t (US$887b) in 2016 to $926b (US$694b) contributed to the decline.

“The negative trend is a long-term concern for policymakers worldwide, especially for developing countries where international investment is indispensable for sustainable industrial development,” UN secretary-general Antonio Guterres said.

Also read: Where did Singapore's US$503b overseas investment go?

Asia gained 0.21% to $635b (US$476b) worth of foreign investments.

“Industrial policies and accompanying investment policies need to revolve around a clearly articulated vision but, at the same time, they have to contain practical and detailed recommendations, a clear timeline for action and a division of responsibilities among the public and private sectors,” UNCTAD secretary general Mukhisa Kituyi commented.

Hong Kong and Brazil rank third and fourth with $139b (US$104b) and $84b (US$63b) worth of FDI, respectively.

Get Singapore Business Review in your inbox
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

This is supported by Lao PDR, Thailand, and Malaysia.
Re-exports, meanwhile, saw a jump by 19% in the same month.
SNACK Investment will be available for consumers for as low as $1.
The programme is done in partnership with 10x1000 Tech
The maturity date for these notes will be in 2028.
Assets in this category experienced a jump to $10b in less than three years.
CityDev, SATS, and Mapletree Logistics Trust showed the most growth.
Limiting the entry of foreign workers would not result in more jobs for Singapore, Wong said.
They also agree to explore other collaboration opportunities.
It creates a one-stop ecosystem that connects its users to EV car dealers.
Its passenger capacity remained steady at 32% of pre-COVID levels.
This would increase the opportunities for cross-border investments.
A return to pre-pandemic levels, however, could take two to three years.
HongKongLand and SGX showed the most growth today.