Singapore can contribute to India’s goal to develop smart and sustainable cities, say Second Trade and Industry Minister S Iswaran.
With new Prime Minister Narendra Modi at the helm, India is entering a new phase of development, and this will drive opportunities for Singapore businesses, said Second Trade and Industry Minister S Iswaran at the Singapore-India Business Symposium on Friday (Nov 28).
The development priorities and agenda of the new Indian government present interesting possibilities for partnership with Singapore, said Mr Iswaran, highlighting that one area where Singapore can contribute is in India’s goal to develop smart and sustainable cities.
Where smart cities are concerned, he said Singapore’s Government agencies and private sector can make a meaningful contribution, given the country’s experience in development over the past five decades.
The minister said Singapore is “actively considering” how best to work with India’s central government on its smart cities initiative. Singapore itself has ambitions to become a Smart Nation with the use of technology to enhance living.
Mr Iswaran said the engagement with India in the smart cities sphere will enable Singapore businesses to participate in areas like township development, industrial parks and utilities. The scale of the need in these sectors present an excellent opportunity for Singapore firms to partner their Indian counterparts to work on projects, he added.
Next year marks the 50th year of Singapore and India’s diplomatic ties, and Mr Iswaran said Singapore looks forward to elevating the relationship to greater heights.
Source : Channel News Asia | November 28, 2014