Young Real Estate Investor | Info

According to the World Economic Forum’s Global Information Technology Report (2009-2010), Singapore currently ranks as the world’s second most network-ready country and the first in Asia.

The report also ranks Singapore highly in a number of other categories, including:

• Market environment – number 2
• Political and regulatory environment – number1
• Individual readiness – number 1
• Government readiness – number 1
• Government usage – number 2

While a detailed statistical analysis of the Global Information Technology Report is outside the scope of this short article, there are a couple of points worth taking into account. For example, a breakdown of the individual readiness ranking shows that Singapore’s population is ranked highly in terms of quality of maths and science education and buyer sophistication. It’s an important consideration when companies are making the decision whether or not to invest in Singapore.

Foreign Direct Investment in Singapore

Essentially the Global Information Technology Report highlights the fact that the country is well placed to take advantage of ICT investment, whether it comes from Singaporean government initiatives or from Foreign Direct Investment (FDI) in Singapore’s information technology sector.

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