Originally published by Out-Law.com
A new Infrastructure Office will be set up in Singapore, giving
local and international firms a dedicated place to obtain advice
and expertise about regional investment opportunities.
The initiative, announced by finance minister Heng Swee Keat as
part of his 2018 budget statement, will bring together
local and international expertise from across the construction
sector, from development to finance and execution. It will include
developers, institutional investors and legal, accounting and
financial services providers, according to the minister.
The announcement will support Singapore's goals to
"forge stronger partnerships in infrastructure development and
enhance connectivity in the region", Heng Swee Keat said. He
went on to cite several examples of regional efforts to promote
infrastructure development, including China's 'belt and
road' initiative and Singapore's own Urban Development Hub,
operated by the World Bank.
