OFFERS FACILITATION TO SET UP LITTLE
SINGAPORE IN RAJASTHAN
Jaipur, The Chief
Minister, Rajasthan Smt. Vasundhra Raje attributed the improvement in
investment climate in India to the vision and initiatives of Prime Minister,
Narendra Modi. Speaking at the Business Seminar in Singapore on Wednesday, Smt.
Raje was categorical that improving the ‘ease of doing business’ is something
which the Indian Prime Minister is personally championing and Rajasthan is
committed to having an extremely investment friendly environment. Addressing
the gathering, she appreciated the quality infrastructure in Singapore and said
she would like to carry back inputs from the Singapore city-state, which will
lead to a quantum change in quality of human resources in Rajasthan.
“Essential for any healthy economy is people
power and Singapore is a living example of how to harness the demographic
dividend. This is exactly what we need to do in Rajasthan”, said the Chief
Minister. Smt. Raje talked at length highlighting Rajasthan’s strengths and the
opportunities it offers. She invited Singapore businesses to consider Rajasthan
as a destination for investment and expansion and even went on to offer
facilitation to set up a ‘Little Singapore’ – a smart city in Rajasthan – in
the vicinity of DMIC. She also highlighted the engagement of Rajasthan with
Hyflux and ITE.
Around 150 representatives of Singapore
Industry, Banking, Education and Service sectors attended the business meeting
today. A short film on investment opportunities in Rajasthan was screened and
Principal Secretary, Industries, Smt. Veenu Gupta made a detailed presentation.
Mr. Banjamin Yap, South Asia Regional Director, International Enterprise,
Singapore and Mr. Hiroshi Daikoku, Senior Investment Advisor, Japan External
Trade Relations Organization shared their experiences about investing in
Rajasthan. The participants were extremely enthusiastic about Rajasthan Solar
Policy and the employment linked labour sector reform agenda and expressed
their desire to see the fruits of these efforts on the ground. Mr. Arun Nanda
of Mahindra World City, Salil Singhal, Secure Meters Ltd. and Rohit Saboo,
National Engineering Industrial Limited invited Singapore Businesses to partner
in Rajasthan’s
growth. In course of the business meet, terms of
reference for a cooperation between Hyflux International PTE Ltd. and the
Bureau of Investment Promotion (BIP), Rajasthan for Hyflux participation in
tendered and CSR Projects in the drinking water and waste water in Rajasthan
was agreed upon. Similarly terms of reference were finalized for a partnership
between Government of Rajasthan (BIP) and Singapore Cooperation Enterprise
(SCE), an agency of the Foreign Affairs and Trade Ministries of the Singapore
Government. This partnership would look at collaboration in urban development,
affordable housing, public health and education. In either case, final MoUs
would be signed after clearances from the Government of India.
The India’s High Commissioner to Singapore Smt.
Vijay Thakur Singh also addressed the audience. Tanmay Kumar, Secretary to
Chief Minister delivered the vote of thanks.
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