A Visionary Alliance in the Making

In an exciting move for international collaboration, Singapore and Shenzhen are poised to become the ultimate gateway linking Southeast Asia with China's burgeoning Greater Bay Area. This ambitious vision was unveiled by Deputy Prime Minister Gan Kim Yong during a significant working visit to Shenzhen.

Strengthening Economic Ties

Meeting with Shenzhen's party secretary, Meng Fanli, DPM Gan emphasized the vital role Shenzhen plays in Singapore's trade, accounting for a remarkable 40% of Singapore's transactions with Guangdong province. The appetite for investment in Shenzhen continues to flourish, despite current economic challenges.

Forging Ahead in Tech and Innovation

With a focus on the future, both cities aim to deepen cooperation across a spectrum of critical sectors, including AI, the digital economy, and healthcare. DPM Gan noted that Shenzhen acts as a crucial entry point to the Greater Bay Area while Singapore connects the region to Southeast Asia. This partnership could transform economic landscapes.

The SIJORI Growth Triangle: A Game Changer

Both leaders discussed leveraging the SIJORI growth triangle - a strategic alliance that integrates Singapore's financial clout with Johor’s resources and Batam’s space - to create manufacturing opportunities. Gan described this synergy as a 'win-win proposition' for all parties involved.

Smart City Initiative: A Strong Foundation