Apple has revealed its intention to invest a substantial sum exceeding $250 million towards the expansion of its operations in Singapore. The tech giant's decision involves upgrading two recently acquired buildings in the Ang Mo Kio district, situated opposite its current offices. This move reflects Apple's commitment to further developing its presence and facilities in the region.
Tim Cook, Apple's CEO, conveyed deep admiration for Singapore and its vibrant community of innovators, learners, and visionaries in a statement released by the company. Recognizing Singapore as a unique and special location, Cook emphasized the strong bond that Apple has cultivated with the dynamic city-state over the years. The investment signifies a significant milestone in Apple's journey in Singapore since the establishment of its first facility in 1981, dedicated to the Apple II personal computer, with a team of 72 employees.
Over the decades, Apple's operations in Singapore have expanded significantly, now accommodating more than 3,600 employees who contribute to the company's regional activities. The city-state serves as a crucial operations hub for Apple in the Asia-Pacific region, underscoring the strategic importance of Singapore in Apple's global ecosystem. Additionally, Tim Cook is scheduled to meet with key Singaporean leaders, including the prime minister-designate, Lawrence Wong, and the incumbent leader, Lee Hsien Loong, during his visit to Southeast Asia, as reported by Bloomberg News. This meeting is anticipated to enhance collaborations and further strengthen Apple's relationship with Singapore at a governmental level.