KTR attracts investors from Singapore

Written by | June 30, 2016 | 0

Hyderabad: Telangana IT and Industries Minister K T Rama Rao on Wednesday met officials of various companies in Singapore and urged them to invest in the state. Rao is on a visit to Singapore to woo investors and showcase the state as an attractive investment destination.

He met representatives of A Star (Agency for Science, Technology and Research), a leading company in the field of science and technology in Singapore. They expressed willingness to work with the Research and Innovation Circle of Hyderabad (RICH), a state government release said here.

RICH is a government agency which links research institutes, academia and industry to venture capitalists, angel investors and incubation funds. RICH and A Star have agreed to a bilateral agreement through which both will cooperate in the field of innovation, incubation, research and commerce, it said.

The minister also met Teo Eng Cheong, CEO of Surbana Jurong, a state-owned urban planning consultancy, which looks after the housing programme in Singapore and provides infrastructure and public services.

Rao briefed Cheong about the massive housing programme being taken up in Telangana. He requested him to take up a multi-storied building project in Hyderabad in view of vast experience of the company in infrastructure sector. He assured to provide land for the project, it said.

Filed in: Hyderabad

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