Recently, Meta's large-scale investment in Singapore has attracted attention, and the logic behind this deal is interesting. Earlier, the projects in Wuhan seemed to have not been fully valued by local capital, and both Temasek and GIC, the two Singaporean sovereign funds, did not receive their fair share. Now, after Meta's shift to directly betting high prices in Singapore's backyard, it appears to be filling a market gap. The question is—what substantial benefits can Singapore's local economy gain from this large-scale entry of international tech capital? Is it industrial upgrading, job creation, or simply capital flow? Under this investment model, how will the discourse power of local governments and local capital change?