Business Review


Since the 1950s, the international trading system has been characterized by a shift from the multilateral processes towards bilateral and regional arrangements. The signing of the US-Singapore Free Trade Agreement (USSFTA) by the Prime Minister of Singapore and the President of the United States is but part of Singapore’s overall trade initiatives and economic strategy which involves forging free trade agreements (FTA) with other countries outside the ASEAN region. This study seeks to analyze the effect of FTA in the context of the construction industry with respect to local contractors. A questionnaire-based survey and in-depth personal interviews were conducted with the local contractors to understand the implications of FTAs on them. A similar set of questionnaire was also formulated for the foreign contractors to identify the impact of FTAs in the local industry. The discussion of FTAs effectiveness on Singapore contractors was limited by the lack of necessary information. As the pursuit of bilateral FTAs is a relatively new development in Singapore’s trade policy with many new FTAs under negotiations, opportunities for the local contractors on these potential FTA partners remain to be seen.


Free Trade Agreements, Construction, Contractors, Trade policy, Singapore



Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Published Online

February 23, 2021

Included in

Business Commons



Publication Stage



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.