Singapore business team visits Kochi


KOCHI: Senior Minister of State for Foreign Affairs of the Republic of Singapore Balaji Sadasivan said here on Monday that he was impressed by the tremendous pool of talent available in Kerala which was a big force for economic development.
The Minister was speaking at the inauguration of an interactive session with a business delegation from Singapore at the Indian Chamber of Commerce and Industry.
Dr. Sadasivan said the Singapore team on this leg of the Indian trip visited Gujarat and Kerala. Gujarat, he said, had a dynamic Chief Minister and the Singapore team looked at possible investments in the Port of Mundra.
Kerala impressed him with its pace of social development and the progress it had made in developing the tourism and information technology sectors. The visit to Kerala was an exploratory trip and was educational. Singapore has been looking to countries like China and India for opportunities, he added.
The delegation led by the Minister included Vijay Iyengar, Chairman of the Singapore Indian Chamber of Commerce and Industry (SICCI) and Predeep Menon, Chief Executive Officer and Executive Director of SICCI. Ajit Singh, Consul General of the Republic of Singapore, was also present at the session.
R. Mohandas, president of the Indian Chamber of Commerce and Industry, welcomed the gathering. He suggested that “an exclusive Singapore Development Zone” could be set up in the port city of Kochi.
Predeep Menon said the trip was largely exploratory. The team took an overview of the developments in Kerala.
The team had a meeting with officials of Kerala Industrial Development Corporation and visited the InfoPark in Kakkanad before coming for the interaction with members of the Indian Chamber of Commerce and Industry.
Mr. Menon said the delegation visited only Kochi on this trip and that during the coming visits other cities like Thiruvananthapuram and Kozhikode would be on the itinerary.
Singapore and India had close ties and the island republic was a big draw with Indian tourists. He said that nearly eight lakh Indians visited Singapore last year and the number was expected to go up to a million soon.
Mr. Menon said that Singapore had expertise in areas like seaport and airport management, solid waste treatment, medical treatment, water supply, etc., which provided scope for collaborations.

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