The Republic of Singapore is a sovereign city-state and an island country in Southeast Asia, with a surface area of 717 sq.kms, consisting of one main island and 62 islets. Singapore has a population of about 5.6 million and a GDP of US$297 billion (source: France Diplomatie, July 2019).
Singapore is a global centre for commerce, finance and transportation. It has the largest port in Southeast Asia. In fact, it is one of the busiest in the world, and allows Singapore to rank 20th among the world’s export economies. Its principal exports are machinery, integrated circuits, computers and refined petroleum products. Its main trading partners are China, the United States, Indonesia, Malaysia and Japan.
Singapore is the 3rd biggest partner for France in Asia and number one for the Southeast Asia region. This city-state is an important regional platform for French companies, more than 400 of which are present on its territory, mainly in electronics, chemicals and financial services.
Singapore is also known for being the city with the “best investment potential” (BERI) : it is the 2nd biggest destination for French investments in Asia, after Japan, with more than 40 French companies created in the country.
In order to meet the needs of its customers on the Singaporean market, Simon Associés has developed privileged relations with economic and legal partners locally.