Number of Jobs from Investment Commitments Secured This Year

Mr Gan Thiam Poh asked the Minister for Trade and Industry what will be the total number of jobs that will be created from the investment commitments that have been secured this year.

Mr Gan Kim Yong: In the first six months of 2022, EDB secured investment commitments amounting to $8.5 billion in fixed asset investments and $3 billion in total business expenditure. When the projects are fully implemented, they are projected to add $7.5 billion to the economy and create more than 8,000 new jobs.