Dyson sets out plans to invest £840m in Singapore

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Dyson sets out plans to invest £840m in Singapore as it opens its global headquarters in the city state

By Daily Mail City & Finance Reporter

Published: | Updated:

Dyson has set out plans to invest £840m in Singapore as it opened its global headquarters in the city state. 

Billionaire Brexit supporter James Dyson sparked a backlash in 2019 when he shunned Britain by announcing plans to shift the company closer to its fastest-growing markets. 

Sweeping move: Dyson, best known for its vacuum cleaners, unveiled its new site at a refurbished power station in the low-tax business hub in Singapore

The electronics giant, best known for its vacuum cleaners, unveiled its new site at a refurbished power station in the low-tax business hub.

It also plans to hire 2,000 engineers and digital specialists across the world in 2022. 

The investment forms part of a wider £3.8billion group investment plan, which will be split between Singapore and Dyson’s two campuses in Malmesbury, Wiltshire, and the Philippines.

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