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Why 5,000 Indian firms have invested in Singapore
EDB is interested to engage Indian companies that have reached the critical mass to set up a strategic base overseas to manage better their international growth and tap international financing opportunities. – Lee Eng Keat
If Indian companies form the single largest foreign business community in Singapore, it is due to an enabling investment environment, and several business, R&D, and finance opportunities the government offers global companies, Lee Eng Keat, International Director (Asia-Pacific), Singapore Economic Development Board (EDB), told
Business Line in an interview.
Excerpts from the interview:
What has attracted the presence of 5,000 Indian companies in Singapore? Is it tax breaks? Geographical proximity, frequent flights, easy/cheaper availability of finance? ....

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