Supriya Ghosh (Editor)

Economic Development Board

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Employees  ~500 (2009)
Founded  1 August 1961
Economic Development Board httpswwwedbgovsgcontentdamedbenhomepage
Formed  August 1, 1961 (1961-08-01)
Jurisdiction  Government of Singapore
Headquarters  Raffles City Tower, 250 North Bridge Road, Singapore 179101
Agency executives  Beh Swan Gin, Chairman Yeoh Keat Chuan, Managing Director
Parent agency  Ministry of Trade and Industry

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The Economic Development Board (EDB) 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.


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The EDB is the lead government agency for planning and executing strategies to enhance Singapore’s position as a global business centre and grow the Singapore economy. It is responsible for designing and delivering solutions that create value for investors and companies in Singapore. In this way, EDB seeks to create economic opportunities and jobs for the people of Singapore, and help shape Singapore's economic future.

International presence

The EDB maintains 22 international offices in 12 countries:

Notable alumni

Some of the more notable figures in the Singapore government, business and the community circles have been associated with the EDB as Board members or staff are:

  • Political & Public Service
  • Lim Swee Say, Minister Prime Minister's Office
  • Philip Yeo; Special Advisor for Economic Development (Prime Minister's Office), Chairman SPRING Singapore
  • Lee Yi Shyan, Minister of State (Trade & Industry, Manpower)
  • Josephine Teo, Minister of State (Finance, Transport)
  • Dr Tan Chin Nam, Chairman Media Development Authority
  • Teo Ming Kian, Permanent Secretary (Finance, National Research & Development)
  • Ho Meng Kit, Deputy Secretary (Management, MFA)
  • Chong Lit Cheong, CEO, International Enterprise Singapore
  • Aw Kah Peng, Chief Executive, Singapore Tourism Board
  • Manohar Khiatani, CEO, JTC Corporation
  • Png Cheong Boon, CEO, SPRING Singapore
  • Lee Suan Hiang, CEO, National Arts Council
  • Liew Heng San, CEO, Central Provident Fund Board
  • Chua Taik Him, Deputy CEO, International Enterprise Singapore
  • Baey Yam Keng, MP (Tanjong Pagar)
  • Yeo Cheow Tong, MP (Hong Kah)
  • Business and the community
  • S Dhanabalan, Chairman Temasek Holdings
  • Lim Siong Guan, Group President Government of Singapore Investment Corporation Private Limited (GIC)
  • Wong Ngit Liong, Chairman & CEO Venture Corporation Limited; Chairman NUS Board of Trustees till 31 December 2016
  • Gong Wee Lik, Centric Director (Membership Communities), NTUC
  • Loh Wai Kiew, CEO/Vice President, Shell Marine Products
  • References

    Economic Development Board Wikipedia