McLaren Applied Technologies (MAT) has established the headquarters of its Asia Pacific operations in Singapore.
The announcement was made ahead of the 2013 Singapore Grand Prix Sunday and the new headquarters will be the first registered MAT office outside Britain.
With a large number of multi-national high technology companies located in Singapore, MAT is expecting to significantly increase its client base in the country, and wider region, in the years to come. Singapore is an attractive location because it has a business friendly environment and an extremely strong education system which produces a consistent supply of talented scientists and engineers.
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MAT Singapore will act as a hub, supporting the company's entire Asia Pacific operations, enabling it to expand its business across the fast growing region.
MAT managing director Geoff McGrath said: "McLaren Applied Technologies and Singapore have a lot in common. MAT is a young, dynamic, fast growing, high-technology company and we see many of the same attributes in Singapore. That is why we have chosen to locate our new Asia Pacific HQ here."