No one would believe Singapore Govt is really so bloody stupid.
#91
9-11-2019 6:36 PM
fitvip said:
When you pay millions, you get idiots?! Rolling on the flor laughing


absolutely Rolling on the flor laughing
人正不怕影子歪
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#92
12-11-2019 4:43 AM
HdbTEH said:
absolutely Rolling on the flor laughing

Those monkeys growing to become gorillas
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#93
Those Idiots,

To put your trust in India is a trap
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#94
12-11-2019 4:43 AM
HdbTEH said:
absolutely Rolling on the flor laughing

For those who considered them as high and mighty ...

不見棺材不落淚
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#95
7-11-2019 6:21 PM
sukhoi35 said:
No one would believe Singapore Govt is so bloody stupid.
Lost S$ 4 bn and yet, Andhra Pradesh Govt told Singapore to f.uck off.

And none would even believe Singapore politicians are the worlds highest paid either.
How can that be?

No. The reported S$4 billion was not lost. It was invested by Singapore companies across the State of Andhra Pradesh. Not into the Amaravati Project. Amaravati was just a dot in the state of Andhra Pradesh

[Image: kgrwY9M.jpg]

“… the High Commissioner informed the Chief Minister about the collaboration his country already has with Andhra in areas such as urban planning and development, waste and water management, power, building and construction, public healthcare, and public libraries, under a Memorandum of Understanding, which was endorsed by the Government of India…

The High Commissioner reminded the Chief Minister that investments by Singapore companies in the State exceed Rs 20,000 crore creating a substantial number of jobs”


Read more -> https://www.newindianexpress.com/states/...16830.html

The Amaravati Project was a non-starter on the onset after the MOU between the previous Andhra Pradesh State government and Singapore consortium.

The project which envisaged the development of the start-up area in the state's capital city remained a non-starter in the last 30 months since the previous Chandrababu Naidu government signed a memorandum of understanding with the Singapore consortium

The then government signed a memorandum of understanding with the Singapore consortiumon May 15, 2017, for executing the project in a 6.84 sq km area (1,691 acres) in three phases over 15 years.

The project, however, never looked to take off.


Read more -> https://www.indiatoday.in/india/story/ap...2019-10-30

No Singapore’s state funds was involved in the project.

“With the new government disparaging the project, Singapore companies involved in it are evaluating the impact of its decision on the investment opportunity, said Minister-in-charge of trade relations S. Iswaran in Parliament on Tuesday (Sept 3).

He assured the House no state funds had been used for the project.

"In terms of whether there were any subsidies or grants by the Government for investments in the state, the answer is no," he added”

Mr Iswaran was replying to Workers' Party Non-Constituency MP Leon Perera, on whether state funds had been used and the total investment made by Singapore companies.

As for their total investments, the minister said the companies' commercial discussions were confidential and he was not privy to the details.”


Read more -> https://www.straitstimes.com/politics/pa...-s-iswaran

So, Temasek Holdings did not pump in S$4 billion into the Amaravati project and lost it all.
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#96
On Friday (9 Aug), it was reported in Indian media that Singapore High Commissioner to India Lim Thuan Kuan went to meet Chief Minister Reddy on the sidelines of the Diplomatic Outreach programme. Lim was accompanied by officials from Singapore’s Ministry of Trade and Industry.

Lim told Chief Minister Reddy that Singapore is ready to invest more in thermal, solar, aerospace and related fields, apparently in an attempt to appease the new Chief Minister.

Lim also informed the Chief Minister about the present collaboration Singapore already has with the state of Andhra Pradesh, in areas such as urban planning and development, waste and water management, power, building and construction, public healthcare, and public libraries, under a Memorandum of Understanding, which was endorsed by the Government of India.

Officials and experts from the State and Singapore have worked closely to develop priority economic sectors of aquaculture, construction and urban solutions, logistics and connectivity, tourism, and Smart City Projects, Lim noted.

The High Commissioner also reminded the Chief Minister that investments by Singapore companies in the state now exceed Rs20,000 crore (S$4 billion) creating a substantial number of jobs across the state.

Singapore has also actively promoted Andhra Pradesh as a promising investment destination to Singapore and international companies at various international platforms, Lim recalled.
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