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The head of the Ministry of Eastern and Eastern Development in Singapore presented a project on the creation of ABD in the Russian Far East

The Minister of the Russian Federation for the Development of the Far East, Alexander Galushka, met with the Minister of Trade and Industry of Singapore, Li Yi Shyanga, where he presented a project for the creation of priority development areas in the Russian Far East. It is reported by the press service of the Ministry of East Development.

Alexander Galushka noted that the ministry is interested both in the joint creation of priority development zones and in attracting resident investors from Singapore. “The experience that Singapore has gained, we assess as outstanding and as an example of successful economic development. Therefore, we are interested in your proposal to share your experience in planning the development of the territory, ”said the Russian minister.

During the first day of the visit of the head of the Ministry of Oriental Development to Singapore, agreements were reached on starting work on an agreement on mutual cooperation, the report says. In addition, the ministers discussed issues related to the transport corridors of Primorye-1, Primorye-2 and the Northern Sea Route.

In Singapore, Alexander Galushka met with the vice president for strategic development and investment of SembCorp, which is the world leader in creating successful special economic zones and attracting foreign investment. The minister suggested that Singaporean businessmen evaluate the prospects for interaction with the territories of priority development in the Russian Far East. “Representatives of the SembCorp company expressed their willingness to share their expert knowledge and best practices in creating special economic zones that are attractive to investors,” the press service of the Ministry of Oriental Development said.

September 10 Alexander Galushka will speak at the fifth meeting of the Russian-Singapore Intergovernmental High Level Commission. The head of the Ministry of Eastern and Eastern Development will also visit the Russian-Singapore Business Forum, where he will take part in the panel discussion “Interaction with Regions of the Russian Federation”.

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