In Singapore, CM discusses investments with trade and industry minister Yong

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Chief Minister Bhupendra Patel on Friday wrapped up his four-day Japan visit and reached Singapore where he called on the country’s Trade and Industry Minister Gan Kim Yong.

In a statement, the Gujarat government said Patel and Yong discussed trade and investments between the two nations. Yong elaborated that India has a lot of potential to grow and firms from Singapore are looking forward to working with the Indian government, it added.

Yong further said his country is keen to join the upcoming Vibrant Summit Global Summit as a “partner country”, adding that the partnership with Gujarat will help Singapore in establishing itself as a fruit, vegetables and dairy sector hub in South East Asia.

During the meeting, Patel invited Yong to Vibrant Gujarat Global Summit, 2024, the statement said. A high-level delegation led by Patel is on a visit of Japan and Singapore since November 26 to promote the 10th edition of the Vibrant Gujarat Global Summit to be held in January in Gandhinagar.

The CM informed Yong that the focus of his government is to attract new investment in various emerging sectors, such as renewable energy, electric vehicles, semiconductor, food processing and dairy products. Thanks to a long coastline and globally connected locations, Gujarat is now emerging as the “logistic hub” of India, Patel said.

Later in the day, Patel and his delegation held discussions with Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore, about development and investment opportunities in India, the statement informed.

The CM also held a meeting with the representatives of the Singapore Business Federation and invited them to attend the upcoming Vibrant Gujarat summit, it added.

© The Indian Express Pvt Ltd

First published on: 02-12-2023 at 03:06 IST

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