The winning formula is really to cast the net wider to capture opportunities at a deeper level of the blue ocean and be a key player in the emerging Asian market story and a participant in the BRIC economies. Singapore needs access to world market. IE Singapore will be the bridge and connector of the dots.
Building convenient access to markets and infrastructures of major cities and free zones are like joining all the dots to form a sustainable economic framework for Singapore. Integrated ports, free trade and logistics zones, industrial parks and townships development should be the way Singapore participates in the growth stories of these regions. These are our strengths- housing, transport and system building. Relying on exporting through manufacturing cannot be our long term strategy anymore since we have neither the manpower nor cheap resources to produce competitively.
IE Singapore should not only lead Singapore companies to inner second or third tier cities of China, India or Vietnam but focus on specific areas of development – environmental engineering, housing and city development, water projects, transport and in areas where we have distinct advantages.
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