EDB Investments
EDB Investments Pte Ltd (EDBI) is the wholly-owned investment arm of Economic Development Board (EDB). It was set up in 1991 for the purpose of equity investments. Investments made are geared towards the competitive growth of industry clusters and promotion of emergent technologies and innovations. Through the Cluster Development Fund, EDBI makes Strategic Direct Investments (SDI) into projects that expand Singapore's clusters of key industries in partnership with local companies and/or multinational companies. Such projects are typically Singapore-based projects which have a substantial impact on the development of the industries promoted by EDB.