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July 23, 2014

WB CM to visit Singapore in August to attract investments

WB CM to visit Singapore in August to attract investments

West Bengal Chief Minister Ms MamataBanerjee is scheduled to leave for Singapore on a five-day trip to attractinvestments. This will be the Chief Minister`s first foreign trip. She isexpected to leave on 17 August and return on 22 August. A delegation includingcity based industrialists and businessmen along with some departmentalsecretaries and ministers will accompany her.

State Finance and Industry Minister Dr AmitMitra and State`s chief secretary may accompany the Chief Minister. The list ofbusiness delegates to visit Singapore is being finalized.

A report on the potential areas ofinvestment namely education, infrastructure, health services, tourism,particularly eco-tourism and others is being prepared. The trip was confirmedin the first week of this month after a five-member Singapore delegation headedby Singapore Foreign Affairs Minister Mr K. Shanmugam met Ms Banerjee atNabanna on July 11 along with Changi Airports International chairman Kee TeckKoon.

Apart from assessing the potential areas oftie-ups between Singapore and Bengal, Ms Banerjee is expected to meet the headsof multinational companies. Several global companies have headquarters inSingapore and the government of Singapore is planning to fix meetings betweenthese companies and the Bengal government.

Ms Banerjee had mentioned about the triprecently. She had said that she may be visiting Singapore to attract investmentas the state has potential to attract investment from Asian countries and thatBengal was a gateway to Bangladesh, Nepal and Bhutan.