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Singapore keen to invest funds in Assam

Singapore has expressed keenness in investing funds in Assam and also shown interest in participating in schemes such as the Guwahati Master Plan and Skill University.

Singapore keen to invest funds in Assam

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  28 May 2022 2:30 AM GMT

STAFF REPORTER

GUWAHATI: Singapore has expressed keenness in investing funds in Assam and also shown interest in participating in schemes such as the Guwahati Master Plan and Skill University.

Announcing this while addressing the 'Conclave on Act East Policy' here on Friday on behalf of the Association of Southeast Asian Countries (ASEAN), Singapore's High Commissioner, Simon Wong further said that he has seen considerable scope for participation in sectors like medical tourism and production of generic and aromatic medicines in view of the unique climate in the North-East.

Wong said that he interacted with some students after arriving in the city and asked them whether they were happy overall. They answered that they were happy and their happiness was reflected on their faces, the High Commissioner said.

Wong said that he has also seen scope for investment in the tea sector for upgradation and improvement purpose. He said that Singapore is also keen to participate in the petrochemical sector, especially in manufacture of green plastic. Further, keeping in mind the availability of organic fruits, Singapore would like to participate in the food processing sector for value-addition purposes. In this context, he mentioned the example of how Singapore is converting raw garlic into a health supplement.

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