Singapore firms to scout for investment prospects in Guj

05-Jul-2012 Intellasia | Business-standard | 7:01 AM Print This Post

Singapore’s trade promotion agency will lead a delegation of investors to Gujarat to study infrastructure projects in the state and the possibility of investments, an official from the state said on Monday.

International Enterprise (IE) Singapore, the nodal agency for promoting external trade and investment, will lead the delegation, and would pay special focus on projects in waste management, fisheries and private ports, said Gujarat’s Principal Secretary for Water Supply, H K Dash.

“IE Singapore will study a wide range of projects when it leads a delegation to Vibrant Gujarat 2013,” he said.

Dash on Monday led a Gujarat state delegation and held a day-long seminar on business prospects besides highlighting summit and exhibition to be held January 11-13, 2013.

“We have held discussions on projects and business prospects with Singapore business community and expects IE Singapore to sign Memorandum of Understanding in January for participating in our projects,” he said.

The Singapore Chinese Chamber of Commerce officials have also expressed interest in setting up ship-repair yards along Gujarat’s coastal areas, he disclosed.

Hyflux Group’s water treatment plant has become a model for Singapore investors.

http://www.business-standard.com/india/news/singapore-firms-to-scout-for-investment-prospects-in-guj/479138/

 

Category: Singapore

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