Central Banking

Singapore seeks infrastructure investment boost

building-infrastructure
Singapore is looking to establish itself as a hub for infrastructure investment

Singapore is to set up an infrastructure office under the Monetary Authority of Singapore and the Ministry of Trade and Industry later this year “to contribute to Asia’s infrastructure agenda”.

“In particular, as Asia’s growth will raise infrastructure demand, we seek to forge stronger partnerships in infrastructure development and enhance connectivity in the region,” Singaporean finance minister Heng Swee Keat said in his 2018 budget speech on February 19.

The infrastructure office will be

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