Singapore agrees to invest in Maharashtra infrastructure

MUMBAI: Singapore on Friday indicated its willingness to invest in Maharashtra and help develop urban infrastructure in the state.


"A meeting with Chief Minister Prithviraj Chavan with Singapore Deputy Prime Minister T Shanmugaratnam here dwelt on ways to create infrastructure in Mumbai, Pune and other cities, on the lines of that in Singapore," an official said after the meeting.

"The Singapore government has assured the state government of extending help in developing cities and has also expressed its willingness to invest in the state," he said.

Although Singapore is small compared to India, it has achieved progress by focusing on urban planning and developing cities, Shanmugaratnam told Chavan.

He expressed his country's willingness to help the state in urban and infrastructure development, water supply, sewage and other sectors.

Shanmugaratnam was keen on knowing how the state government was tackling the drought situation, the official said.

There is opportunity for Singapore industrialists and investors in sectors like airports, expansion of mono rail and metro rail, health, and hospitality sectors, Chavan said.