SG, Sichuan tie up in logistics

MANUFACTURING   BILATERAL TRADE   LOGISTICS

Singapore - Singapore and Sichuan are placing their focus on innovating solutions for modern manufacturing, services and living to beef up their bilateral collaboration.

As Singapore looks to become an innovation-driven market, logistics was the key focus of the discussion arena at the 14th Singapore-Sichuan Trade and Investment Committee (SSTIC) meeting held yesterday. It has been identified as the key enabler for Sichuan to become an international market.

The Chinese city is looking to expand its markets and reach, and has since been making plans to turn itself into an integrated transport and logistics hub.

As such, International Enterprise (IE) Singapore had created a platform for the country to share its strengths in air logistics with Sichuan, in order to establish a strong connectivity via the area of logistics. The platform hence allows both sides to share strategic ideas, enhancing knowledge exchange to boost their respective logistics industries and build stronger collaboration ties.

"As Sichuan looks at building high value-add industries such as bio-medicine and precision engineering, aviation logistics will be a necessary and vital supporting cluster," Yew Sung Pei, assistant chief executive officer of IE Singapore said.

Chinese vice governor Gan Lin and his delegation are currently in Singapore, meeting key companies including Temasek Holdings, Singbridge Holdings, Sembcorp Development, Changi Airport Group and the Singapore Airport Terminal Services. They will also visit the Airport Logistics Park of Singapore and Jurong Island.

_________________________________________________________________________________

Follow @ProcurementAsia on Twitter for breaking stories throughout the day.

Have something to say? Join the discussion on Facebook and LinkedIn.