The company's investments will mostly be in Singapore, the UK and the Philippines.
Read moreSir James Dyson
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Business editor
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Sir James Dyson, founder of Dyson
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Video caption: 'Start a business because you have a passion for something.' Sir James Dyson made 5,127 prototypes to create the cyclone vacuum cleaner. He talks patience, persistence, and why the best businesses come out of a passion.
Dyson to move global HQ to Singapore building
Copyright: Getty ImagesDyson has chosen the historic St James Power Station as the site of its new global headquarters in Singapore.
CEO Jim Rowan said the new location would be "a hive for our research and development endeavours".
The firm, headed by British inventor Sir James Dyson, said in January that it was moving its HQ out of the UK to Asia.
Sir James, a prominent advocate for Brexit, was accused of hypocrisy after the move.
By Kirsty Grant
Newsbeat reporter
Dyson's decision 'no surprise'
BBC Radio 5 Live
Wake Up To Money
Copyright: Getty ImagesDyson, the technology company best known for its vacuum cleaners, has scrapped a project to build electric cars.
The firm, headed by British inventor Sir James Dyson (pictured), said its engineers had developed a "fantastic electric car" but that it would not hit the roads because it was not "commercially viable".
Anna-Marie Baisden, head of autos at Fitch Solution, tells Radio 5 Live Wake Up To Money that she is not surprised, citing the problems Tesla has faced in ramping up production.
"I think for them to pull out at this stage, realising how difficult it's going to be to make money, there are very small margins if any in electric cars at the moment, it's not a big surprise".
"You do have to put a lot of money into developing an electric car, the technology's still very expensive" she said.
By Maria Mullarkey
BBC Inside Out
