Economic Development Board
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The Economic Development Board (Abbreviation: EDB; Chinese: 经济发展局) is a statutory board of the Government of Singapore that plans and executes strategies to sustain Singapore as a leading global hub for business and investment.
It enables multinational and Singapore-based companies to enhance and upgrade to higher value-creating operations across manufacturing and internationally traded services, in a knowledge-driven globalised economy.
Set up in 1961, EDB acts as a catalyst and facilitator to nurture a vibrant, self-sustaining enterprise ecosystem, a conducive total environment for start-ups and companies of all sizes. The Board works closely with other agencies to promote information and develop human, intellectual, financial and cultural capital in Singapore.