SG Budget 2017: Up to S$600m committed for International Partnership Fund

THE government will commit up to S$600 million in government capital for a new International Partnership Fund, Finance Minister Heng Swee Keat said on Monday.

The Fund will co-invest with Singapore-based firms to help them scale up and internationalise. In 2016, IE Singapore supported companies in more than 37,000 cases, a 9 per cent increase from 2015.