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Singapore : Deloitte announces US$750 mln investment in strategic markets

Publish Date : 08-Jun-2012

Deloitte Touche Tohmatsu Limited (DTTL) announced on Thursday a commitment of US$750 million in investments in strategic markets over the next three years, a continuation of the prior three-year strategic market investment program (FY10-12), which totaled US$500 million.

This sizeable, multi-year investment focuses on 11 strategic markets around the globe: Africa, Brazil, China, Commonwealth of Independent States (CIS), Germany, India, Japan, Korea, Middle East, Southeast Asia, and Turkey.

Some 50 per cent of the investment, amounting to US$400 million will be geared toward Asian countries, namely China, India, Japan, Korea, and Southeast Asia, while US$250 million will go towards developing markets in Europe and the Middle East.

The investment will bolster service offerings and delivery platforms in the company\'s activities of audit and enterprise risk services, tax, consulting, and financial advisory.

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