Early Years of Singapore

This page will show how Singapore developed from nothing into one of the biggest trading country in the world. It all started in the 1960s, Singapore was a third world country that suffered from poor infrastructures and limiting capital. The average GDP per capita was less than 300 US dollars. There were only a few industries that were in Singapore producing domestic consumptions for the country. From this, Singapore weren't able to get foreign investments into the country and having a stagnant economy throughout the years.  

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 The development of Singapore started as more factories are being built due to the EBD (Electronic Brakeforce distribution). More companies came to Singapore because of the highly skilled labour force that Singapore had to offer and also the scarcity of companies Singapore have. There were overseas training for the Singaporeans to take in India, Holland and Germany and trained young workers to exchange new knowledge and skills for computer technology
This continued until the 1980s, with Japan, Germany and France and other skilled learning funds, Singapore was well trained for technological production that led to more companies coming in from other foreign countries, creating foreign investments. There are now more foreign companies that want to invest in Singapore because of the knowledge and training Singapore has gained through the years.

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