Section 6

to stimulate the growth, expansion and development of the Singapore economy;

pursuant to paragraph (a), to formulate investment promotion policies and plans, and promotional incentives and strategies;

to promote, facilitate and assist in the development of support industries and services which provide important parts, components and related services to the manufacturing and services sector;

to encourage foreign and local industries to upgrade their skill and technological levels through investment in technology, automation, training, research and product development activities;

to support the development of local entrepreneurs and small and medium enterprises and to assist local enterprises to expand and upgrade their operations;

to provide or support training in skills required for the development of the Singapore economy;

to identify key enterprises and encourage them to establish their international headquarters in Singapore and undertake a wide range of international service and business activities; and

to exercise or perform any function or duty conferred upon the Board under any other written law.

the Board is deemed to be fulfilling the purposes of this Act; and

the provisions of this Act apply to the Board in respect of the functions.