Singapore to standardize participation in India’s Smart cities project
Singapore needs to standardize its participation in India’s Smart cities project, which is a key attention of the new Indian government. Minister in the Prime Minister’s Office S Iswaran, who is in India as part of the delegation associated Emeritus Senior Minister Goh Chok Tong, said Singapore should also make a material influence so that the help given can produce perceptible results and make value for both countries.
Singapore to standardize participation in Smart Cities project
In 2014, India’s capital New Delhi became the world’s second most populated city and by 2050, India is predictable to add 404 million people to its cities. Thus, there is a need to familiarize a more bearable urban development policy in the country.
India’s Prime Minister Narendra Modi has set out his dream to build 100 Smart Cities across India – a key focus of his new government. Singapore has offered help to build these cities and share its involvements in other countries, but has not made any tangible plans at this stage as it wants to understand the needs of the Indian government before making any promises.
Singapore comprehends the scale of the project and intends to size its participation suitably. Mr Iswaran, who is also the Second Minister for Trade and Industry, said:
“(We are) looking at one or two locations, and even within those locations, looking at some features. I do not know if we can actually complete the whole range of capabilities that might be probable but we can play to our strengths … and see what we can do there.”
Also accompanying ESM Goh to India is Minister of State for National Development Desmond Lee, who is keen to well understand how Singapore can help in the future development of the country.
Mr Lee said:
“We can play a role of a reagent – we have a vibrant private sector and in that sense, we can help to catalyze investments in various areas in India.”
Singapore is also hopeful that with the new government in India, there is possibility for trade to grow. Both countries are reviewing the Comprehensive Economic Cooperation Agreement, and it is wanted that it can be decided next year.
Mr Iswaran said:
“Next year, there will be particularly symbolic value because it will be the 50th year of diplomatic ties between India and Singapore. So if the review can be concluded in a manner that is mutually beneficial and to be announced by next year, that will be welcomed by all parties.”
This move by the Singapore government along with the new Indian government would soon pave for new growth in India and open up a lot of new opportunities.
We at Inspire2rise hope that whatever happens it happens for the best of both the countries involved.
Keep visiting for more awesome news and articles and remember we cover, “Everything under the Sun!”
Follow Inspire2rise on Twitter. | Follow Inspire2rise on Facebook. | Follow Inspire2rise on Google+.
Stay Inspired to rise fellas!
Read more:
