The International Trading Company (INTRACO) was established in 1968 by the Singapore government to trade with the global economic community, especially countries in the former Soviet bloc. As a government-linked company, INTRACO was staffed by top civil servants and helped fulfill Singapore’s strategic economic objectives in the early years of independence. But a confluence of changing domestic priorities, global events and economic trends led to the eventual divestment of INTRACO. What lessons can be distilled from the INTRACO story?
INTRACO – Blazing a Trail Overseas for Singapore? is written by Dr Faizal Bin Yahya, a Research Fellow with the Economics and Business research cluster at IPS.
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