Secretary of the Municipal Party Committee, Nguyen Xuan Anh, met Prime Minister of Singapore, Lee Hsien Loong
Secretary of Municipal Party Committee, Mr. Nguyen Xuan Anh, briefly introduced to the Singaporean Prime Minister some information about Da Nang and the socio-economic development of the city. Talking with Prime Minister Lee Hsien Loong on the cooperation between Da Nang and Singapore, the Secretary of the Municipal Party Committee said that there were 22 direct investment projects from Singapore to Da Nang with a total capital of more than 700 million USD. Singapore is now leading the total FDI in Da Nang in real estate, manufacturing and education projects. Direct flights from Da Nang to Singapore operate daily facilitating both investment and travel between the two sides. In particular, the city is promoting the investment research project of a software park area invested in by Sembcorp Development which belongs to Sembcorp Development Group, Singapore. Following the success of VSIP's industrial parks in Viet Nam, Municipal Party Committee Secretary Nguyen Xuan Anh expects the software park project will contribute to raise Viet Nam-Singapore relations to new heights.
Although he has not arrived in Da Nang yet, Prime Minister Lee Hsien Loong has been introduced about Da Nang and its potential for development. Appreciating the quality of human resources, particularly in the area of information technology and telecommunications, Prime Minister Lee Hsien Loong has suggested that the city government should create an ecosystem to develop talent in the technology sector. The Singapore Software Park project that the two sides are promoting promises to promote the city's information and telecommunications technology of the city in the future.
Prior to 23rd March, under the witness of Prime Minister Nguyen Xuan Phuc and Prime Minister Lee Hsien Loong, Chairman of the Da Nang People's Committee, Huynh Duc Tho, and CEO of Sembcorp Development Cooperation, Teo Bang Seng, signed a Memorandum of Understanding on investment in software park development in Da Nang. Singapore's Prime Minister hopes that the city government will create favorable conditions for Singaporean investors to launch the project soon.
Prime Minister Lee Hsien Loong also sent his best wishes to the government of Da Nang City to support the city's candidacy for the World City Awards Lee Kuan Yew 2018. In addition, Prime Minister Lee Hsien Loong announced his acceptance of the invitation to attend the APEC Economic Leaders' Summit held in Da Nang in November 2017.