Why Singapore?

Singapore boasts a thriving technology sector, due to a range of converging factors: its location at the crossroads of some of Asia’s biggest markets, well-developed information technology infrastructure, a strong investment environment, and a robust regulatory regime. 

According to Tech Nation’s report on Unlocking Global Opportunities report, for UK tech companies, Singapore was one of the fastest rising global opportunities for trade, climbing 5 places in the rankings for global tech opportunity between 2019 and 2020.

2in the World Bank’s Ease of doing business index.

A springboard into Southeast Asia

Southeast Asia has over 600 million consumers, an emerging middle class, and many of them are young and digitally savvy – and Singapore is at the heart of it. A bustling city-state with a rapidly evolving tech ecosystem, Singapore is a hub to access the opportunity in the wider southeast Asia region.  

Southeast Asia’s digital economy hit US$100 billion in 2020 and is expected to grow to US$300 billion by 2025 despite the challenges of COVID19.

The region also saw 40 million new Internet users in Southeast Asia alone, bringing the total number of internet users to 400 million  – the same size as the US market. 

Deal activity across the region continued to grow unabated in the first half of 2020 despite COVID19 too,  Google, Temasek and Bain & Company found. 

The pandemic particularly drove huge growth in the HealthTech and EdTech sectors across South East Asia. In addition to this, the Covid-19 lockdowns led to massive and permanent digital adoption, with more than 1 in 3 digital service consumers (36% of total) being new to the service, of which 90% intent to continue their newfound habits post pandemic.

US$100 bnSoutheast Asia’s digital economy
600mconsumers in Southeast Asia
80%of the world’s top 100 tech firms have their regional headquarters in Singapore

The offer for UK tech

We can support you with your international growth. For UK tech companies interested in expansion specifically to Asia Pacific, Tech Nation is offering:

  • market intelligence 
  • market entry support in key markets
  • match-making with overseas investors and business opportunities
  • access to a Tech Nation international network who have successfully scaled overseas

If you are a scaleup looking for international support please complete this expression of interest form or and we will get back to you.

Sign up to learn more

Key Asia Pacific Markets

Discover how we’re supporting international expansion into other key markets in the Asia Pacific region.

Discover the Tech Nation Visa

The Tech Nation Visa enables the brightest and best tech talent from around the world to come and work in the UK’s digital technology sector, contributing their cutting-edge expertise, creativity and innovation to maintaining the UK’s position at the forefront of the global digital economy.

If you are a talented or promising individual and want to work in the UK’s digital technology sector, the Tech Nation Visa can help you do this.

Learn more about the Tech Nation Visa >

Latest news

Keep up to date

Don’t miss a beat – sign up to our newsletter to be the first to hear the latest international growth news from Tech Nation.