Economic Development Board

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Economic Development Board
EDB logo.jpg
Logo of the EDB
Agency overview
Formed1 August 1961; 58 years ago (1961-08-01)
JurisdictionGovernment of Singapore
HeadquartersRaffles City Tower, 250 North Bridge Road, Singapore 179101
1°18′0″N 103°53′10″E / 1.30000°N 103.88611°E / 1.30000; 103.88611
Employees~500 (2009)
Agency executives
  • Beh Swan Gin, Chairman
  • Chng Kai Fong, Managing Director
Parent agencyMinistry of Trade and Industry

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.


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.[citation needed]

Since 1 April 2019, the EDB manages DesignSingapore Council, the national agency for design. This is done to help companies expand beyond Singapore.[1][2]

International presence[edit]

The EDB maintains 18 international offices in 12 countries:

Notable alumni[edit]

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:


  1. ^ "DesignSingapore Council to transfer to EDB under MTI to drive design innovation across industries and enable growth beyond Singapore". MCI. 1 November 2018. Retrieved 24 September 2019.
  2. ^ "DesignSingapore Council to become EDB agency to help local companies expand beyond Singapore". The Straits Times. 1 November 2018. Retrieved 30 June 2019.
  3. ^ "NUS Chairman Wong Ngit Liong to step down, succeeded by Hsieh Fu Hua". National University of Singapore. Retrieved 26 October 2016.

External links[edit]