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Home Breaking News

At investors’ meeting, Tamil Nadu inks 6 pacts with Singapore

Chief Minister Stalin also meets the Chief Executive Officers (CEOs) of Temasek, Sembcorp, and CapitaLand

by NavJeevan
3 years ago
in Breaking News, Business, chennai, National, Singapore, Tourism and Travel
Reading Time: 2 mins read
0
0
At investors’ meeting, Tamil Nadu inks 6 pacts with Singapore

Chief Minister MK Stalin meets Singapore's Minister of Trade Relations, S Iswaran. NE FILE PHOTO

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NE BUSINESS BUREAU
CHENNAI, MAY 25

The Tamil Nadu government signed six memoranda of understanding (MoU), including five related to cooperation among organisations, with various organisations of Singapore in the presence of Chief Minister MK Stalin and Singapore’s Minister of Trade Relations, S Iswaran.

I was delighted to participate in the very well attended Investors’ Conclave at Singapore. The strengths of Tamil Nadu as a preferred investment destination with world-class talent, adequate infrastructure, land banks and policy stability were highlighted to more than 300… pic.twitter.com/0IpNC5ZhtS

— M.K.Stalin (@mkstalin) May 24, 2023

The most important of the MoUs was the one signed between Hi-P International Pvt. Ltd and Guidance Tamil Nadu, the state government’s nodal agency for investment promotion to set up an electronic spare parts manufacturing factory. The unit would come up at a cost of Rs 312 crore and is expected to create around 700 jobs.

Today I had a fruitful meeting with Mr K.Shanmugham, Minister for Home Affairs and Law, Government of Singapore. We discussed a wide range of issues of common interest like cybersecurity, strengthening of procurement systems and skilling of youth seeking employment. Invited him… pic.twitter.com/4gf19CDeYk

— M.K.Stalin (@mkstalin) May 25, 2023

Guidance Tamil Nadu also signed MoUs with the Singapore Indian Chamber of Commerce and Industries (SICCI) and the Singapore University of Technology and Design. These were related to areas such as research and development, technology transfer and assistance in exports.

It was a pleasure to meet my long-time friend and Singapore's Minister for Transport and Minister-in-Charge of Trade Relations Thiru S. Iswaran.

We had already met when I had visited Singapore earlier as the Mayor of Chennai and then as the Deputy Chief Minister of Tamil Nadu.… pic.twitter.com/SUKI3KjSCU

— M.K.Stalin (@mkstalin) May 24, 2023

State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT), Facilitating MSMEs of Tamil Nadu (FaMe TN) and Tamil Nadu Startup and Innovation Mission (TANSIM) signed MoUs with the Singapore -India Partnership Office. These were in the areas of start-ups and technical education.

The Tamil Nadu Skill Development Corporation signed an MoU with ITE Education Services for skill development and technology transfer.

During his visit to Singapore, Chief Minister Stalin also met the Chief Executive Officers (CEOs) of Temasek, Sembcorp, and CapitaLand. He urged them to invest in sectors like renewable energy and food processing.

Statue of founding PM of Singapore, Lee Kuan Yew would be installed at Mannargudi: Stalin

சிங்கப்பூரின் தந்தை லீக்வான்யூ அவர்களுக்கு தமிழ்நாட்டில் மன்னார்குடியில் நினைவுச் சின்னம் எழுப்பப்படும் என மாண்புமிகு முதலமைச்சர் @mkstalin அவர்கள் தெரிவித்துள்ளார். pic.twitter.com/KQ3vT2ZhPC

— CMOTamilNadu (@CMOTamilnadu) May 24, 2023

The new project of Tamil Nadu government, ‘Verkalai Thedi (In search of roots)’ initiated by Chief Minister MK Stalin during his visit to Singapore will bring 200 non-resident Tamils every year to the state as part of a cultural exchange programme.

சிங்கப்பூரில், சிங்கப்பூர் தமிழ்ச் சங்கங்களுடன் இணைந்து நடைபெற்ற தமிழ் கலை பண்பாட்டு நிகழ்ச்சியில் "வேர்களைத் தேடி" என்ற அயலகத் தமிழ் இளைஞர்களுக்கான திட்டத்தை மாண்புமிகு முதலமைச்சர் @mkstalin அவர்கள் தொடங்கி வைத்து, இத்திட்டத்திற்காக சிங்கப்பூரில் தெரிவு செய்யப்பட்ட 10… pic.twitter.com/Zqa7mA9zUN

— CMOTamilNadu (@CMOTamilnadu) May 24, 2023

The Chief Minister also said that a statue of founding Prime Minister of Singapore, Lee Kuan Yew would be constructed at Mannargudi. It is to be noted that several Tamil youths from the delta regions of Tamil Nadu, including Mannargudi have migrated to Singapore for a living and the announcement of the statue of Lee Kuan Yew is considered as an honour and thanksgiving to Lee Kuan Yew who had supported the Tamil diaspora during his tenure.

The Verkalai Thedi programme is for renewing the cultural links of the youths living in various foreign countries with Tamil Nadu.

Tags: inks 6 pactsinvestors’ meetingsingaporeTamil Nadu
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