Forum to highlight Russian-Singapore business ties
Leading Russian and Asian officials and business executives are scheduled to meet on Tuesday, March 6th at the second Russia-Singapore Business Forum in the Shangri La hotel, Singapore. The forum is organized by International Enterprise, Singapore, Troika Dialogue and the Singapore Embassy in Moscow.
The event is sponsored by Vneshtorgbank, Ruben, Nomura and StartURussia among others.
The Forum promises to focus particularly on Real Estate and Property Development and Growth in the Retail Sector, both of which should attract significant interest from Singapore's companies and investors.
High level representatives from Russia’s regions are attracted by the Singapore government’s assistance and counseling to help Russia establish free economic zones.
Confirmed participants as Passport went to press included the ‘father’ of modern Singapore, Minister Mentor Lee Kuan Yew, Russian Economic Development and Trade Minister German Gref, prominent Russian industrialist and investor Oleg Deripaska, the Prime Minister of Tatarstan, Rustam Minnikhanov, and the governors of Primorye Krai and Tver regions, Sergey Darkin and Dmitry Zelenin.
A major highlight is the final session featuring Gref, Singapore Trade & Industry Minister Lim Hng Kiang, with Minister Mentor Lee Kuan Yew, in conversation with top industrialists from Russia, China, India and Singapore.
The forum concludes with Singapore Beach Party on Sentosa Island offshore Singapore.
In total, 500 participants are expected at the Forum.
The night before the one day high-powered meeting, participants will be entertained at the Singapore Premiere of Vladimir Martynov’s symphony, “Singapore”. The Singapore Symphony Orchestra will perform with renowned Russian violinist Tatiana Grindenko and her string ensemble, “Opus Posth”, the Vasiliev choir from Moscow, and a unique Singapore chorus.
Relations between Russia and Singapore have been growing rapidly in the last few years. Apart from cooperation over developing Free Economic Zones, Changi International Airport has been heavily involved in the redevelopment of Sheremetyova Terminal 1 (due to open in April) and a number of Singapore's trade missions have been through Moscow and St Petersburg in the same period.
Troika Dialogue has forged a joint venture with Singapore’s Temasek to establish a venture fund, and Russia’s Renaissance Capital held a seminar in the Asian citystate last year promoting Russia to Asian investors.