Singapore Chinese Chamber of Commerce States intents in investing in Nansha
2013-March-25 Source: english.gz.gov.cn
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Guangzhou Mayor Chen Jianhua met with Teo Siong Seng, President of the Singapore Chinese Chamber of Commerce on the morning of March 20.

Mayor Chen stated that Guangzhou Nansha New Zone has been designated as a national-class new zone for Guangzhou to engage in full cooperation with Hong Kong and Macao. In development and construction, Guangzhou is looking to draw upon Singapore's success experience, and will focus on practical results and build mechanisms to ensure "scientific development and unhurried construction". The city will proactively promote Nansha New Zone and welcome entrepreneurs to invest in Guangzhou. Mr. Teo Siong Seng expressed his appreciation for Guangzhou's hospitality and stated that he has full confidence in the prospects of Nansha New Zone and will increase investment in the zone and strengthen ties with Nansha in various fields.

Mr. Teo and his associated had previously visited the Nansha Yacht Club, Nansha High-tech Industrial Park, Longxue Island Shipping Logistics Industrial Zone, and Nansha Wetland. They were also briefed on the development plan and master plan of Nansha New Zone, and they expressed interest in a number of investment projects.

Nansha Development Zone Administrative Committee signed a cooperation agreement with the Singapore Chinese Chamber of Commerce, while Nansha Asset Operation Company inked a separate cooperation agreement with Straco Corporation Limited. Under the agreements, both sides will expand cooperation in various fields, including tourism, leisure, shopping logistics, urban development, high technology, energy conservation and environmental protection, and social administration.

Editor: Jecey
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