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Singapore is ready to invest in DFO

Singapore is interested in the development of mutually beneficial cooperation between the parties in the implementation of major tasks that the Russian leadership has set for the development of the FEFD. The ambassador of the Republic of Singapore to the Russian Federation, Lim Kheng Hua, stated this at a meeting with the head of the Ministry of Eastern and Eastern Development Alexander Galushka.

At the meeting, the head of the Minsk region spoke about the measures to be taken to improve the investment climate in the Far East in the near future. He drew attention to the creation of territories for advanced development, in which the issue of land and infrastructure will be resolved, special tax incentives will be applied, as well as an accelerated procedure for administrative and customs procedures.

The Singapore Ambassador highly appreciated the investment potential of the Far East and informed that the republican business is interested in cooperation, in particular, in the sphere of industry, agriculture, transport, and logistics.

"Russia is interested in direct investments from Singapore in the development of the non-resource sector of the economy, and we intend to do everything to implement investment projects in the Far East quickly, profitably and safely," said Alexander Galushka in turn.

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