![]() Singapore boasts a solid cluster of companies, such as Keppel Land, CapitaLand, City Developments and Ascendas in the real estate/property development sector, who are well-placed to partner with Russian or foreign companies to bring their experience and skills to the projects. In view of the magnitude of the projects involved, strong partnerships will be crucial. In addition, Russia is now embarking on new initiatives such as tourism and port SEZs. I understand that some US$1 trillion will be dedicated to infrastructure projects under the Public-Private-Partnership (PPP) project structure. One potential area for partnership is in infrastructure development. These include the Otdykh Leisure Show, International Meetings Industry and Business Travel Exhibition & Conference (MIBEX) and Moscow International Travel & Tourism (MITT). The number of trade shows they hold in Russia has also grown. STB has also been stepping up engagement with its travel industry partners in Russia, developing and helping them promote themselves as Singapore specialists through advertising and PR campaigns. ![]() Twenty five senior executives are expected to take part in each of the two programmes to be launched in May and June this year. We are glad to announce that IE Singapore is collaborating with the Moscow School of Management SKOLKOVO in Russia and the Kazakhstan Institute of Management, Economics and Strategic Research (KIMEP) on the Executive Programme in Central Asia. The International Business Fellowship, run by IE Singapore, helps to equip executives with in-depth knowledge and business opportunities through in-market courses and immersion programmes in these countries. Singapore companies can succeed in the CIS only if they have the necessary manpower and market know-how to support their operations. This is part of an international exchange programme called `Spotlight Singapore’, organized by The Art House which serves as an economic and cultural gateway to new and emerging markets around the world for Singapore. I am also excited that about 100 Singapore companies will be making their way to Moscow in June this year to promote understanding, dialogue and collaboration between the business and arts communities of Singapore and Russia. Several business delegations from Singapore in sectors including infrastructure, food, education, healthcare, lifestyle and automotive, will head to Russia and Ukraine this year to better understand the market and where their products and services may be needed. Many initiatives are in the pipeline to further strengthen bilateral collaboration.
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