Singapore expresses interest to invest in Kerala projects

Sunday, April 29, 2012: Singapore has expressed interest in forging trade and technology partnerships with Kerala in key projects, including Vizhinjam Port and Kochi Metro Rail.
Singapore Consul-General in Chennai Ajit Singh held discussions with Chief Minister Oommen Chandy, Industries and IT Minister P K Kunhalikutty and senior officials on the possibilities of forging partnership between the two sides, according to an official release.
The investment areas covered by discussions included trade, infrastructure development, water technologies, waste management, logistics and the knowledge sector, it added.
A South-east Asian powerhouse, the city-state of Singapore already has strong ties with India being the second biggest foreign investor in the country.
Showcasing the state to global investors and inviting them to become partners in inclusive, rapid and sustainable economic development is one of the prime objectives of the Emerging Kerala 2012 Global Connect scheduled in Kochi from September 12-14.
In the run-up to the event, Chandy and his key cabinet colleagues recently met diplomats, heads of multilateral agencies and chiefs of trade missions, corporate leaders and business tycoons in New Delhi.