Singapore offers great potential for European companies seeking opportunities in South East Asia, especially in the construction and building industry. The country has a world-class infrastructure and a skilled labour force. It is a global hub for financial services, a high-tech centre, and benefits from a relatively open market economy.
The Building and Construction Authority projects the total of construction contracts to be awarded in 2017 to reach between EUR 19 billion and EUR 23 billion. This foreseen increase is due to a rise in public sector construction demand in 2017.
EU Gateway | Business Avenues is an EU funded programme that helps European companies access Asian markets and local players through professional coaching and tailored business matchmaking. All this leads to long-term collaborations with new business partners and distributors, and an increased understanding and establishment in the market.