Singapore ready to play active role in Belt and Road Initiative
Singapore is ready to play an active role in the Belt and Road Initiative, a senior government official said at the annual Boao Forum for Asia on Saturday.
"The initiative is an encouraging vision of connectivity and regional integration," Sim Ann, Singapore's senior minister of state (trade & industry and culture, community & youth), said at a panel discussion.
She cited the Suzhou industrial park and the Tianjin eco-city as demonstrations of support, adding that the one in Chongqing would be the third project between the two countries.
The inland city of Chongqing launched the connectivity project earlier last year, aiming to transform Guoyuan Port of Chongqing into a demonstration base for Sino-Singapore multimodal transport.
Connectivity between the two countries involves aviation, logistics, information technologies and finance, Sim said.
She added that more companies from both countries are expected to form partnerships under the initiative.