Union Minister of Shipping Shri G. K. Vasan Calls Upon Singapore Companies and Investors to Invest in Port Infrastructure and Shipping Projects in India
Union Minister of Shipping, Shri G.K. Vasan led a 20 member strong Indian delegation comprising of senior government functionaries from the Shipping Ministry and business leaders on a Ports and Maritime Mission to Singapore. The Minister participated in the seminar on “ Port and Maritime Industry in India” jointly organised by the Confederation of Indian Industry (CII) and High Commission of India in Singapore on 27-28 September,2010. More than two hundred top Corporates from the Shipping industry and investors from Singapore participated in the meet.
Shri G. K. Vasan highlighted the achievements of India and the investor friendly policy framework available in the country to promote foreign direct investment and private sector participation in the Port and Shipping sector. He called upon the Singapore based companies to join as active partners in the massive infrastructure development programme, given the tremendous opportunities available in the Port and Maritime sector in India.
Earlier the delegation visited the PSA Container Terminal in Singapore port. Shri G. K . Vasan also called on the Minister in the Prime Minister’s Office and Second Minister for Finance and Transport of Singapore, Mrs. Lim Hwee Hua and discussed issues of mutual interest relating to the Shipping industry. The high powered delegation included Director General of CII, Mr.Chandrajit Banerjee and Secretary(Shipping) Mr. Mohandas among others.
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