PROCUREMENT NEWS

Singapore : Singapore and Tianjin sign 7 project agreements at 5th STETC meet

Published 22 Sep 2012

International Enterprise (IE) Singapore inked seven agreements at the 5th Singapore-Tianjin Economic and Trade Council (STETC) meeting in Tianjin on Friday.

The seven project signings spanning education, environmental services and healthcare and lifestyle services were witnessed by Singapore\'s National Development Minister Khaw Boon Wan and Tianjin Mayor Huang Xingguo.

In one of the agreements, Singapore Exchange Securities Trading Limited (SGX) and the state-owned Assets Supervision and Administration Commission of the Tianjin Municipal Government (Sasac) will form co-operatives to foster ties in areas, such as information exchange and the listing of Tianjin state-owned enterprises on SGX.

Singapore water treatment engineering firm Century Water will also establish its regional headquarters in the Eco-Business Park in Tianjin in the first quarter of 2013. Century Water will leverage on Tianjin eco-city as its strategic base for regional marketing and sales activities in that region.

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