Singapore, a regional center for global companies, continues to attract sizable amounts of foreign investment given its strategic location, world-class infrastructure, and productive workforce. True False

Question

Social Studies

Stephanie Mccall

9 February, 08:21

Singapore, a regional center for global companies, continues to attract sizable amounts of foreign investment given its strategic location, world-class infrastructure, and productive workforce. True False

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Answers (1)

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Kenneth Lam · Answer 1

TRUE

Explanation:

Singapore is a global financial center and one of the most liberal regions in the world, making it a very business-prone place. The population of Singapore has high educational levels, which makes the labor force highly productive. Singapore also has a strategic location, located on the Malaysian peninsula, which serves as a route to major Asian markets. Finally, all of this is underpinned by an extremely efficient port and road infrastructure that can greatly reduce manufacturing transportation costs.