Singapore, a major regional platform, stands itself as an essential international hub characterised with a
business-friendly climate which fosters the setting up and the development of new companies.
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Thanks to its unique strategic location in the centre of ASEAN (Association of South-East Asian Nations), Singapore positions itself as a crucial international hub. The Singaporean environment (tax, intellectual property, quality of the workforce…) is favourable for the setting-up and the development of new companies.
Singapore is the first business partner of France in the ASEAN region (Southeast Asia), the third in Asia after China and Japan and the fourth country recipient of French investments on the Asian continent. Many multinationals and SMEs have chosen to set up in Singapore. Today, 700 subsidiaries and 350 French entrepreneurs are established: from IT to tourism and including aviation, electronics, biomedical, perfumery, cosmetics, agribusiness, catering or distribution. French companies have already proved themselves before and there is still place for those which wish to start the adventure.
At the edge of the Malaysian peninsula, Singapore is ideally located in the heart of mainland Southeast Asia among the 10 ASEAN countries, between India and China.
The state is simultaneously open to the sea, thanks to the huge industrial-port platform, and to the land with the bridges and highways connected to Malaysia.
Singapore is a gateway to Asia and especially to Southeast Asia and ASEAN. The city-state acts as a platform of re-export to the countries of this area as nearly 1/3 of the ASEAN’s trade flows transit through Singapore. The numerous free-trade agreements signed by the ASEAN countries lead to a decrease of tariffs and an increase of commercial trades in the region. Singapore maintains really strong economic relations with its neighbours notably Malaysia via new investment projects such as « Iskandar » which seeks the development of cutting-edge technologies in the region.
|Key Figures 2018|
|Population||5,7 million inhabitants|
|GDP per capita 2017||US$ 55 717|
|GDP 2017||US$ 312 Mds|
|Source: Department of Statistics, Singapore – View the latest statistics here|
The business environment in Singapore
The key sectors in Singapore
Advice on succeeding in Singapore
Vidéos : 24h Chrono 2018 de l’international de Mondissimo
Our fact sheets on the sectors in Singapore : Find information for various sectors and industries in Singapore here.
The economy in Singapore is very diverse. Some sectors are booming and represent excellent opportunities for French companies and entrepreneurs wishing to set up in Singapore.