Memorandum of Understanding (MOU) between Infrastructure Asia, Singapore-German Chamber of Industry and Commerce, and Association of German Banks
Witnessed by President of Singapore Her Excellency Madam Halimah Yacob during her State Visit to Germany, Infrastructure Asia signed a Memorandum of Understanding (MOU) with Singaporean-German Chamber of Industry and Commerce (SGC) and Association of German Banks (BdB).
MEMORANDUM OF UNDERSTANDING BETWEEN
INFRASTRUCTURE ASIA, SINGAPOREAN-GERMAN CHAMBER OF INDUSTRY AND COMMERCE,
AND ASSOCIATION OF GERMAN BANKS
Dr Claus Trenner
Singaporean-German Chamber of Industry and Commerce
Member of the Management Board
Association of German Banks
- Infrastructure Asia (IA), Singaporean-German Chamber of Industry and Commerce (SGC), and the Association of German Banks (BdB) will formalise their collaboration through the signing of a Memorandum of Understanding (MOU). Under this MOU, the parties will collaborate to enhance partnerships between Singapore-based and German companies in Singapore and the region. They aim to raise awareness and visibility of regional infrastructure and business opportunities for Singapore and German companies through information sharing and knowledge building, via workshops and marketing initiatives.
- IA, SGC, and BdB will also collaborate on thought leadership and capacity building workshops with financing as one area of focus, to enhance the bankability and viability of infrastructure opportunities in Southeast Asia and South Asia. This will help raise investment interest from the international private sector.
For media enquiries, please contact:
Ms Foo Xiao Xuan Business Partner, Corporate Communications
DID: +65 6433 4400
Ms Lee Mei Lin Lead
DID: +65 6433 4797
About Singaporean-German Chamber of Industry and Commerce (SGC)
SGC is part of a network of 140 offices of the German bilateral Chambers of Industry and Commerce abroad in 90 countries tasked to, inter alia, promote bilateral Germany-Singapore trade;
About Association of German Banks (BdB)
BdB is the leading association for shaping the transformation of the financial industry whose missions include commitment to the aim of a financial industry acting responsibly and contributing to growth and prosperity for all and fostering innovation in the financial industry.
About Infrastructure Asia
Infrastructure Asia (IA) aims to support Asia’s social and economic growth through infrastructure development. IA was established by Enterprise Singapore and Monetary Authority of Singapore to support infrastructure financing and development in the region. It does so through early project scoping, best practice sharing and brokering, harnessing Singapore’s best-in-class infrastructure ecosystem (international developers, engineering and professional services, along with financial institutions and multilateral development entities). It also works with global players in the regional infrastructure ecosystem and leverages the collective capabilities and networks of various government agencies to catalyse more trade and investments into infrastructure in the region.