Download the Trade Council's brochure introducing business opportunities in Singapore
Singapore is a natural hub for business activities in Southeast Asia and beyond
Singapore's conducive business environment stems from foreign direct investments, investments abroad, and the country's status as a key global trading hub.
Singapore is the world’s 38th largest economy with a GDP of USD 383.4 billion and a population of 5.4 million, which yields a GDP per capita of USD 70,298.6 (2021). The country has leveraged on its geographical location to establish an efficient logistics hub and a financial center. As a gateway to ASEAN, a region comprising 10 countries, Singapore provides access to an economic bloc with a GDP USD 3.1 trillion.
Singapore has pro-business policies to attract investments and companies to establish here, including:
It is simple and convenient to do business in Singapore. Singapore is ranked number 2 in World Bank’s Ease of Doing Business (2021).
The use of English in education and business.
A high-skilled work force.
Pro-business legislation and favorable tax rates.
Political stability, with high compliance requirements for transparency and corporate governance. Singapore was ranked number one in political and operational stability.
Effective protection of patents with world-class patent court.
Free trade agreements with 26 countries, including, China, Korea, the US, Trans-pacific and of course the EU.
The Trade Council’s focus sectors in Singapore
The Trade Council has identified 5 focus sectors where Danish companies offer highly-skilled and international recognized expertise of high demand in the Singaporean market:
Energy, Water and Environment
Fintech
Food and Agritech
Maritime
Robotics
The Trade Council is a natural partner for Danish companies looking to export and grow in Singapore and has a strong track record of creating tangible value as exemplified by Allset Industries a Danish provider of flexible & diverse solutions for the maritime industry. Read more about that case story here (in Danish).
Contact the Royal Danish Embassy in Singapore for more information about business opportunities and how Denmark seeks to inspire green transition in Southeast Asia:
Mark Edward Perry
Head of Trade at the Royal Danish Embassy in Singapore
Phone: +65 9088 5567
Email: markpe@um.dk