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International Business Times
International Business Times
Business
Kiran Tom Sajan

Singapore's Temasek To Invest $30B In US Over Next Five Years, Remains Cautious On China

About 22% of Temasek's investments are in the Americas, which amounts to $63 billion (Credit: Reuters)

Singapore's state investment firm Temasek is planning to invest up to $30 billion in the U.S. economy over the next five years as it aims to focus on healthcare, financial services, and technology sectors.

Temasek's head of North America operations, Jane Atherton, said the robust opportunities within the U.S. capital market, particularly in artificial intelligence, as the main reason to make the big investment.

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