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Singapore-based investment company Temasek is set to open a new office in Paris, France, in the first half of 2023. The new branch will work closely with the company’s existing European offices in London, UK, and Brussels, Belgium.

The opening will strengthen Temasek’s presence in the EU and the wider Europe, Middle East and Africa (EMEA) region. It will also improve the company’s access to EMEA deals, partnerships and talent.

In a press release, chief executive officer Dilhan Pillay commented: “This new office is part of our 2030 strategy to expand our global network, construct a resilient portfolio and grow our organisation, talent and capabilities, with sustainability at the core.”

With the new Paris office, Temasek’s global footprint will increase to 13 offices across nine countries including China, India, Mexico and the US.

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By GlobalData