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  • Inaugural Singapore Regional Infrastructure Summit positions Singapore as Asia’s infrastructure hub

Inaugural Singapore Regional Infrastructure Summit positions Singapore as Asia’s infrastructure hub

  • SBF Infrastructure Committee announced launch of two sub-committees, Built Environment and Water
  • Over 600 top business leaders, diplomats and senior government officials from more than 50 countries and regions attended the inaugural SRIS.
  • Close to 40 distinguished speakers and panelists from across the globe shared their experience and expertise.
Friday, 16 August 2019 [Singapore] The Singapore Business Federation (SBF) announced today the official establishment of two sector-based sub-committees – Built Environment and Water – under the SBF Infrastructure Committee at the inaugural Singapore Regional Infrastructure Summit (SRIS).

SBF Vice Chairman Mr Pek Lian Guan, who is also Chairman of the SBF Infrastructure Committee, made the announcement in his welcome address at the event this morning. The Built Environment and Water sub-committees will be led by Mr Wong Heang Fine, Group CEO, Surbana Jurong and Ms Cindy Lim, Managing Director, Keppel Urban Solutions and Director, Group Corporate Development, Keppel Corporation respectively.

The SBF Infrastructure Committee was launched at the Singapore Regional Business Forum (SRBF®) in July last year to provide thought leadership in regional infrastructure development as well as connect Singapore companies to infrastructure opportunities arising in the region. In his speech, Mr Pek also urged infrastructure-related companies in Singapore to join the Infrastructure Committee Interest Group.

Mr Pek said, “Strategically located in the center of a dynamic region with an abundance of infrastructure opportunities, Singapore can play a key role for effective infrastructure delivery which supports economic development and financial inclusion as well as greater connectivity across Asia.”

Embracing Regional Infrastructure Opportunities

Themed “Embracing the Regional Infrastructure Opportunities”, the inaugural SRIS, showcased infrastructure opportunities in Asia and how Asian countries can harness the economic and social benefits arising from infrastructure developments for sustainable economic growth and long-term prosperity. Close to 40 distinguished speakers and panelists from across the globe shared their experience and expertise.

In his welcome address, SBF Chairman Mr S.S. Teo urged Singapore companies, with expertise across the entire infrastructure value chain, from master-planning, finance, legal services and procurement to construction, “to play to their strengths and collaborate closely with governments and other stakeholders for projects in the region.”

Guest-of-honour Ms Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance and Education, delivered the keynote speech. Special guest speaker Mr Giulio de Carli, founder and managing partner of One Works, who has delivered a wide range of high-profile projects including the master plan for the Italian Airports Network commissioned by ENAC (Italian Civil Aviation Authority), spoke about how the ASEAN community can better prepare and design more efficient infrastructure projects during the luncheon plenary.

A morning plenary panel discussion at the forum, moderated by Mr Seth Tan, Executive Director, Infrastructure Asia, explored the different approaches taken and challenges faced by various Asian countries in infrastructure development.

The panel included Dr Maria Catalina E. Cabral, Undersecretary for Planning and Public-Private Partnership (PPP), Department of Public Works and Highways, The Philippines; Ms Isabel Chatterton, Regional Industry Director, Infrastructure and Natural Resources Asia Pacific, International Finance Corporation, World Bank Group; Mr Yoji Morishita, Head, Office of Public-Private Partnership, Asian Development Bank; Mr Pang Yee Ean, Director General, Investment Operations II: Energy and Urban, Asian Infrastructure Investment Bank (AIIB); Ms Jennifer Tay, Partner, Capital Projects & Infrastructure Advisory, PwC Singapore; Mr Xu Zhongchao, Managing Director, Head of Alternative Investment Department, CICC Capital Management; and Mr Tonny Yeap, Director, Commercial, MyHSR Corp, Malaysia.

The event also featured five discussion tracks showcasing infrastructure opportunities in key ASEAN markets such as Indonesia, Myanmar, Vietnam, and Thailand as well as a sharing session by Infrastructure Asia on its role in catalysing infrastructure development in Asia in the afternoon.

SBF Chairman Mr Teo said, “I hope the Singapore Regional Infrastructure Summit, a new initiative driven by the SBF Infrastructure Committee, will serve as a beneficial platform that brings together key decision makers and stakeholders of the regional infrastructure landscape to discuss significant infrastructure opportunities in the region. Through SRIS, we hope to facilitate infrastructure development by connecting multiple stakeholders so we can promote sustainable growth and improve connectivity in the region.”

The SRIS, which took place after the fifth edition of the SRBF® on 15 August, was attended by more than 600 business leaders and senior government officials from more than 50 countries and regions. A total of 70 speakers and panelists from across the globe shared their experience and expertise.

The SRBF® and SRIS is supported by Business China, China Enterprises Association (Singapore), Infrastructure Asia, European Chamber of Commerce (Singapore), and the Singapore Chinese Chamber of Commerce & Industry.

The Forum is sponsored by MCC Singapore, China Construction Bank, DBS Bank, Pacific International Lines (PIL), PSA International, Chec Overseas Investment (CHEC), China International Capital Corporation (Singapore) (CICC), China Taiping Insurance (Singapore), China Telecom, Far East Organisation, Industrial and Commercial Bank of China Singapore Branch, Poh Tiong Choon Logistics, Shanghai Pudong Development Bank Singapore Branch, Tiong Seng Construction, and V3 Group.

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