Singapore's Minister-in-charge of Trade Relations S Iswaran and Maharashtra's Chief Minister Devendra Fadnavis, chairing the inaugural Maharashtra-Singapore Joint Committee meeting yesterday in Mumbai, signed a framework agreement to facilitate Singapore investments into the state.
They also agreed to look at collaboration opportunities in Maharashtra's aviation, urban infrastructure and port and logistics sectors.
The ministers also witnessed the signing of an MoU between Enterprise Singapore and Pune Metropolitan Region Development Authority (PMRDA) to collaborate on the planning and development of the Pune Metropolitan Region (PMR).
PMRDA also presented a Letter of Award to Singapore's Surbana Jurong as its appointed master planner.
Enterprise Singapore, a state agency promoting investments, will work with PMRDA to identify key developments in the region and facilitate the participation of Singapore companies in urban infrastructure, transport and logistics, and manufacturing.
Enterprise Singapore will also conduct activities for knowledge exchange in urban planning and development with PMRDA.
"Our collaboration on the Pune Metropolitan Region including the development of the Pune masterplan and Pune Airport will deepen our engagement with Maharashtra and open doors to greater opportunities for our companies".
It will also strengthen Singapore's reputation and expertise in smart city development and urban rejuvenation, he said.
"We will work together to promote Maharashtra as an investment destination for Singapore companies, anchored by impactful and mutually beneficial projects," Iswaran said.
Tan Soon Kim, Assistant Chief Executive Officer of Enterprise Singapore said: "The MoU between Enterprise Singapore and PMRDA adds to our strong partnership and will boost Singapore companies' participation in urban infrastructure, transport and logistics, and manufacturing opportunities in the region".
He is accompanied by officials from the Ministry of Trade and Industry and Enterprise Singapore, the statement added.
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