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The Singapore Economic Development Board (EDB)
The Singapore Economic Development Board (EDB) is the organization which ensures the long-term economic success of Singapore and its enterprises. Headed by Mr Lim Siong Guan, chairman of EDB and advised by the International Advisory Council (IAC), EDB aims to shape Singapore into an attractive global hub for business and investment and create continued economic growth for Singapore.
In the 1960s, Singapore was a third world country with low GNP per capita and high level of unemployment. Job creation was the top priority for the country. To meet this pressing need, EDB was set up in 1961 to attract foreign investment to Singapore. As Singapore’s economy progressed, it was marketed by EDB as an ideal place for quick startup operations. EDB’s operations also expanded to Europe, USA and other parts of Asia.
While Singapore moved into knowledge intensive activities such as R & D and engineering design in the 80s, EDB continued to play a vital role. It established institutions of technology with governments of France, Japan and Germany in order to meet the manpower requirements of high-technology industries. EDB also embarked on attracting international service firms from the finance, educational, IT and software sector.
By the 90s, EDB started to look beyond its own shores. It helped firms design and plan their business operations by forging strategic partnerships. There were still efforts to attract foreign investments to Singapore but substantial resources were devoted to developing an external economy linked to Singapore. Thus, EDB turned to the rest of the world to obtain manpower, technology, information and financial resources.
Looking ahead, the new millennium promises tremendous opportunities for Singapore but at the same time, there will be challenges which have to be met. EDB has devised strategies to maintain Singapore’s position as a competitive economy. EDB will continue to strengthen the existing industry clusters while identifying and developing promising local companies.
United Engineers
 United Engineers has been an integral part of the physical and economic growth of Singapore since 1912. Today, they are a well established Asian company with strong regional presence in Malaysia, Thailand, Hong Kong and China. Today, with 3,000 employees in the Asian region, United Engineers is actively engaged in four interrelated core businesses: Engineering, Construction, Integrated Facility Management and Trading.
United Engineers Singapore (UES) is considering to build an industrial aquaculture park meant for marine food fish. UES is seeking to harness on SIF’s cavitation technology as a component of its water treatment technology for the aquaculture park project that was mentioned. UES is also in search of new technologies to enhance its existing operations. Thus, they have expressed interest to explore the incorporation of SIF’s cavitation technology as a component of their water and waste water treatment systems and technologies such as Membrane technology and other related applications.
Surbana Corporation
 Surbana is Singapore-based firm which provides master planning and building consultancy services. The company has developed 28 townships that houses 85% of the Singapore population and provided high quality of urban living. In recent years, Surbana has successfully expanded to more than 10 overseas markets which include China, India, Vietnam and the Middle East. Surbana offers a full spectrum of services that includes but not limited to: urban planning and design, township development construction & building solutions technology and construction resources management.
SIF Technologies would be in close collaboration with Surbana in the territory projects which need chemical-free water treatment services relating to building projects, especially in the area of cooling tower and other building services water treatment related applications.
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