CM Stalin woos Singapore investors

Chennai: Tamil Nadu Chief Minister MK Stalin on Wednesday met top officials of various firms in Singapore and invited them to invest in the southern state, while highlighting the conducive environment for starting new ventures. The CM is on a two-nation official tour of Singapore and Japan to attract more investments to Tamil Nadu and invite investors for a business conclave scheduled here next January.

"Had discussion and productive engagement with the heads of major financial and industrial institutions from Singapore. The talks with Dilhan Pillay Sandrasegara, Executive Director and CEO of Temasek, Kim Yin Wong of Sembcorp and Sanjeev Dasgupta of CapitaLand reaffirmed the long-standing relations between Tamil Nadu and Singapore," he said in a tweet.

"They expressed their keen interest in investing in our Tamil Nadu and partner with us in our journey towards becoming a trillion-dollar economy," the chief minister added. The two sides explored the possibilities of expanding the existing investments in renewable energy, industrial parks and logistics to new areas like food processing and fishing. "Looking forward to build and continue further upon the historical and mutually beneficial partnership between Tamil Nadu and Singapore," Stalin added.

A government release here said Stalin thanked Temasek for its existing investment in the wind power sector in Tamil Nadu and invited the company to expand its footprint in the state.