SNA - Singapore attracted S$13.7 bln in fixed investments in 2011

Yahoo! News Philippines, 17 Jan 2012 SINGAPORE, Jan 17 (Reuters) - Singapore attracted S$13.7 billion ($10.6 billion) in fixed asset investments in 2011 and hopes to bring in S$13-15 billion this year despite the problems in Europe, the city-state's investment planning agency said on Tuesday. The fixed asset investments received last year were at the top end of the government's S$12-14 billion forecast and exceeded the S$12.9 billion in 2010, the Economic Development Board (EDB) said in a statement. Full story Related: Singapore draws more investments - Business Times Malaysia Admin: Fixed asset investment refers to investment in physical assets such as machinery, land, buildings, installations, vehicles, or technology. EDB should reveal the percentage of investment on properties to the total for a clearer picture of the investment climate in Singapore

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