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The government of Singapore will work with the Andhra Pradesh government in infrastructure, industrial and city development efforts. A delegation led by former Prime Minister of Singapore Goh Chok Tong met chief minister, N Chandrababu Naidu, on Monday and offered this support, according to an official press release.
The chief minister was stated to have informed the delegation about the plans of the state government for transforming AP into a logistics and manufacturing hub.
He also briefed about the state’s plan for ports, airports, highways, industrial nodes in Visakhapatnam-Chennai and the Chennai-Bengaluru industrial corridors and petrochemical corridor besides development of smart cities and promotion of tourism in a big way.
The delegation offered to share Singapore’s experience in the design of the new capital city and assured that it would encourage Singapore-based companies to participate in various port, airport, industrial and tourism projects.
The Singapore delegation suggested to the chief minister that funds could be tapped from the proposed Asian Infrastructure Investment Bank (AIIB) to be set up with China, Singapore and several other countries including India, as founder members. The delegation also extended an invitation to Naidu to visit.
