October 18, 2017 2:07 AM ET

Commercial Services and Supplies

Company Overview of Singapore Economic Development Board

Company Overview

Singapore Economic Development Board operates as a government agency for planning and executing strategies to enhance Singapore's position as a global business centre for business, investment, and talent. It designs and delivers solutions to create value for investors and companies in Singapore. The company’s 'Host to Home' strategy extends Singapore's value proposition to businesses to help them improve their bottom line; grow their top line through establishing and deepening strategic activities in Singapore; and drive their business, innovation, and talent objectives in Asia and internationally. It also works to attract companies in various industries, such as aerospace engineering, alter...

250 North Bridge Road

28-00 Raffles City Tower

Singapore,  179101

Singapore

Founded in 1961

Phone:

65 6832 6832

Fax:

65 6832 6565

Key Executives for Singapore Economic Development Board

Managing Director
Chief Financial Officer and Director of Finance
Chief Information Officer and Executive Director
Assistant Managing Director of Planning
Age: 63
Deputy Managing Director
Compensation as of Fiscal Year 2017.

Singapore Economic Development Board Key Developments

Economic Development Board Announces Board Changes

The Ministry of Trade and Industry announced the appointment of new Managing Director (MD) for the Economic Development Board (EDB). Mr. Chng Kai Fong will be appointed as MD of EDB with effect from 1 October 2017. Current MD, Mr. Yeoh Keat Chuan, will be leaving the Singapore Public Service on 31 August 2017.

Keppel Infrastructure Signs Deal with Singapore Economic Development Board to Build Gasification Plant on Jurong Island

Keppel Infrastructure, announced that it has signed an agreement with the Singapore Economic Development Board (EDB) to develop, own and operate such a facility. The facility will use proven and best-in-class technologies to produce hydrogen, carbon monoxide, syngas and other industrial gases from a variety of potential feedstock, including coal and refinery by-products. The gases produced will provide alternative feedstocks for petrochemical plants and refineries. The project is part of the government's Jurong Island version 2.0 initiative which focuses on feedstock options and infrastructure developments to create new competitive advantages for Singapore's petrochemical sector. Under this initiative, EDB has worked with Vopak Terminals to develop a liquefied petroleum gas (LPG) terminal that opened on Jurong Island in June last year; LPG is interchangeable with naphtha as feedstock for petrochemical crackers to a certain extent.

Singapore Economic Development Board Announces Board Changes

The Ministry of Trade and Industry announced board changes at the Singapore Economic Development Board (EDB). These appointments will take effect from 1 February 2017. Five new members were appointed to the EDB Board: Mr. Ichiro Iino, Chief Executive (Asia-Pacific), Hitachi Ltd; Professor Ilian Lubomirov Mihov, Dean, INSEAD; Mr. Randy Isaac Walker, Chairman and Chief Executive Officer, IBM Asia Pacific; Mr. Loh Chin Hua, Chief Executive Officer, Keppel Corporation and Mr. Loh Boon Chye, Chief Executive Officer, Singapore Exchange Ltd. The following board members have stepped down upon the completion of their term on 31 January 2017: Mr. Vinod Kumar, Managing Director and Group Chief Executive Officer, Tata Communications Ltd; Mr. Tan Pheng Hock, Advisor, ST Engineering Ltd. and Mr. Mark Nelson, Vice President, Strategic Planning, Chevron Corporation.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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