channelnewsasia.com - SM Goh urges S'pore investors to seize Fujian's growth opportunities
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Singapore News
Smaller Text Size Larger Text Size

 
 

SM Goh urges S'pore investors to seize Fujian's growth opportunities
By Channel NewsAsia's China Correspondent Glenda Chong | Posted: 30 October 2009 0106 hrs

 
 
Photos  of

   
 

FUJIAN, CHINA: Singapore's Senior Minister Goh Chok Tong has urged Singapore companies to seize growth opportunities in Fujian Province.

The call came as Mr Goh wrapped up his five-day official visit to Fujian Province. He met Fujian Party Secretary Lu Zhan Gong on Thursday and they spoke about the development of the province's new economic zone.

Mr Goh said he was impressed with the development of infrastructure in Fujian and that it shows the seriousness of the central government to invest in the province.

Another interesting development in the province is Pingtan island, which will be transformed into a special economic zone with preferential policies for investors.

The island lies 120 kilometres from Taiwan, and Chinese officials plan to turn it into a pioneering area for exchange and cooperation between the mainland and Taiwan.

Capitalising on this, Temasek subsidiary SingBridge International has signed an MOU with Fuzhou officials on a feasibility study for a 40 square kilometre new township in Pingtan island.

Ko Kheng Hwa, CEO of SingBridge International, said: "We see strong growth potential in Pingtan for three reasons. One, there's a new policy to develop the region; two, a new bridge will open up within a year the island becomes a peninsula for the mainland; and thirdly, the island has natural assets."

He added: "We can make a contribution, because they find Singapore's experience in developing an island economy - our urban development, tourism development are areas they can leverage on.

"So SingBridge is taking this opportunity to engage them early so that we can help shape the development of Pingtan, grow with Pingtan and create mutual benefit."

This is SingBridge's second project in China, the first being the development of the Guangdong Knowledge City.

- CNA/ir


 

 
Bookmark and Share



Other singapore News
Visitor arrivals to Singapore hit 9.7 million last year
Pastor apologises personally to Buddhist & Taoist federations
Borneo Motors to upgrade 70 Toyota Prius in S'pore as part of recall
Tampines residents unhappy over planned rental flats
Motor Racing: F1 Singapore tickets on sale from March
Mix of old and new as casino offers 500 tables at opening
ICA foils cigarette smuggling attempt
Labour movement pushes for broad-based productivity growth
ComfortDelGro to start S$3 surcharge for taxis from Resorts World Sentosa
ITE students learn finer points of coffee making
DPM Wong says "glad to note" Pastor Tan realised his mistake
Sales of hampers, goodies roaring back ahead of LNY
Underwater World Singapore launches tiger-themed exhibit
National University Cancer Institute, Singapore officially launched
More people travelling between S'pore and Malaysia for LNY
Revamped StanChart marathon to have new route, running categories
Driver arrested after hit-and-run accident leaves 2 injured
CNB arrests three men, seizes drugs worth over S$285,000

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions