Singapore is strategically positioned as one of the world's leading energy and chemicals hubs. Global companies are confident to set up their operations in Singapore because we are recognised as a world-class energy and chemicals hub, a trusted location for investors to implement their projects successfully, and for having excellent linkage to end markets.
To strengthen Singapore’s appeal as the choice investment destination for global chemicals companies, the government continues to ensure that the country stays at the forefront of the industry's advancement. Development initiatives focus on enhancing the nation’s position as a competitive location for development of petrochemicals, advanced materials as well as specialty chemicals.
As Asia becomes an increasingly important consumer of chemicals products, Singapore continues to be a strategic base for companies looking to invest in Asia for the long run.
Fast Facts
- Singapore’s Jurong Island is among the world’s top 10 petrochemical hubs
- The island is home to more than 95 leading global petroleum, petrochemicals and specialty chemicals companies.
- Singapore's energy and chemical industry contributed S$57 billion of the manufacturing output in 2009 (28% of Singapore’s total manufacturing output).