Singapore, Indonesia & Malaysia seek a regional supply chain base
Edited By WION Video Desk
Published: Sep 14, 2023, 19:30 IST | Updated: Sep 14, 2023, 19:30 IST
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The world is looking to diversify its supply chain away from China. Singapore is in talks with Malaysia and Indonesia to develop a strong regional supply chain base. Speaking at an event, Jacqueline Poh, economic development board's managing director, said that the city-state is expecting a more muted 2023 in terms of investments, after a record 2022 where it secured 16.5 billion dollars in fixed asset investments. More than 66% of the investments went for establishing electronics manufacturing projects.
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