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Singapore Was the 2nd Safest City in the World in 2017

Written by: Bridgewest

Foreign investors who want to open companies in Southeast Asia have another reason to choose Singapore apart from the usual taxation system and governmental incentives, as the city-state was named the second safest city in the world in 2017. If you want to open a company in Singapore and need assistance, our local advisors will guide you through the registration process of the business.

The Safe Cities Index 2017, in the attention of those who want to open a company in Singapore

The Safe Cities Index is one of the most important surveys conducted on a yearly basis which measures the confidence of investors from a security point of view, infrastructure security, digital security, personal and health security. The report is carried out on 60 cities all over the world and ranks them based in 49 indicators.

In the 2017 Safe Cities Index, Singapore ranked second, right behind Tokyo, as the report indicated that most shop owners keep their security measures at the minimum. Also, the Singapore Police Force announced 135 days without any crime. Moreover, in certain business centers which host shops at the ground floor, there are no locks or even windows. In exchange, Singapore relies on surveillance cameras in key spots around the city to keep the population safe.

If you are interested in setting up a shop in the city-state, our Singapore company formation specialists can help you.

The Singapore smart city initiative enhanced the city-state’s position in the index

One of the interesting facts noticed by the Safe Cities Index 2017 is that the cities ranking highest are also important business hubs in their region, which is also the case of Singapore. However, the pressure to ensure a safe environment for the population and visitors, has led to the introduction of the Internet of Things (IoT) which relies on high-tech developments introduced by the authorities to enhance the current security measures.

Singapore was one of the first smart cities in the world which was one of the reasons for the city-state to become one of the safest cities in the world in the past year.

Foreign investors who want to open companies here and need help, can rely on our company formation agents in Singapore for information. We can also assist you if you want to open a company in Singapore, so do not hesitate to contact us.

 

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