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Singapore

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Singapore[16121 kb]

Hear the New Zealand-Singapore Chamber of Commerce and New Zealand Trade and Enterprise talk about opportunities in Singapore.

Singapore is often used as a springboard for New Zealand companies wanting to establish a presence into the rest of Asia. It is a small, affluent country and consistently ranks in World Bank Doing Business rankings as one of the easiest places in the world to do business.

Since the New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) came into effect in 2001, trade with New Zealand has grown considerably and Singapore is now New Zealand’s eighth largest export destination.

New Zealand is part of the Trans-Pacific Strategic Economic Partnership Agreement (formerly known as P4).  The agreement was signed by New Zealand, Chile, Singapore and Brunei in 2005 and entered into force in mid 2006.  In September 2008, comprehensive negotiations for the United States to join the Trans-Pacific Agreement were announced. Australia, Peru and Vietnam also intend to participate in negotiations.

Sectors providing opportunities for New Zealand exporters include food and beverages, telecommunications, electronics, software, engineering consultancy, education and tourism. Opportunities also exist for alliances with Singapore-based companies into third countries.

New Zealand Trade and Enterprise (NZTE) has an office in Orchard Road. See the NZTE website for office location and contact information.

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