Singapore for high-level panel on urban development

Discussion in 'Economy & Infrastructure' started by cobra commando, Jul 6, 2014.

  1. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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    Singapore wants a joint ministerial committee set up to identify sectors in which India can best utilise the city state’s expertise in developing urban infrastructure, including in the building of “smart cities” and providing urban solutions. Singapore Foreign Minister K. Shanmugam, who met Prime Minister Narendra Modi earlier this week, told The Hindu in an interview here that Mr. Modi was “focussed” in outlining the areas in which India needs assistance, and spoke about his vision for smart cities, upgrading skills and the development of industrial corridors. India has said it wants Singapore companies to participate in urban development and services projects in the Delhi-Mumbai and Chennai-Bangalore industrial corridors. India also wants Singapore to participate in projects in the Northeast and in developing infrastructure on the Buddhist sites circuit. “We have suggested that the way to do it,” Mr. Shanmugam said, ‘is for a platform to be setup with some ministers on both sides and senior officials. First we need to identify which of these areas — because India will have many people who want to invest, each of them will have their own areas of expertise — Singapore can participate in, where India may want Singapore to come in, and what is the legal and fiscal framework.” Singapore has also suggested a time frame of four or five months, so that “by the time the two Prime Ministers meet some time later this year, there will be some concrete outline of what can be achieved,” the Foreign Minister said.


    Read more here:
    Singapore for high-level panel on urban development - The Hindu
     
    sesha_maruthi27 and Srinivas_K like this.
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  3. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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    Singapore to help India in smart cities project

    SINGAPORE: Having allocated over Rs 7,000 crores in its recent budget for development of 100 'smart cities', India on Saturday roped in Singapore for providing its expertise in this even as the two countries decided to step up economic engagement besides defence and security cooperation. External affairs minister Sushma Swaraj concluded a hectic 24-hour visit here with an understanding with this city-state to identify concrete projects in skills development and rejuvenation of Indian cities which would include 'smart cities'. The concept of 'smart cities' as satellite towns of larger ones was enunciated in last month's budget by the new NDA government which has allocated a sum of Rs 7,060 crore for the ambitious plan. "Singapore's expertise in smart cities, urban planning and water management strategies offer a valuable learning experience for India. We shall work for setting up greenfield smart cities and for urban rejuvenation. Our experts shall identify the priorities and we shall coordinate its timely delivery," Swaraj said before leaving for New Delhi.
    Singapore to help India in smart cities project - The Times of India
     
  4. Singh

    Singh Phat Cat Administrator

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    7000 crores for 100 smart cities ? You can't build 100 malls with 7000 crores.

    relevant:
    Heard this anecdote from a high level Govt servant, Malaysians came up with a proposal to build superhighways across India, Indians refuse to pay them even consultancy fees.
     
  5. shankyz

    shankyz Regular Member

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    Will 100 smart cities be built in 1 year?
    7000 crore is budgetary allocation for 1 year. As Jaitley mentioned in Parliament , subsequent years will see further funding ....
     
  6. Singh

    Singh Phat Cat Administrator

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    70 crores per year is enough to build a smart city ? :shocked:
     
  7. Daredevil

    Daredevil On Vacation! Administrator

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    The initial amount will be for feasibility studies and identification of locations. Only upon this that real money will start to flow. Same comments were made when 100 crores were allocated for bullet train. It's all for feasibility studies.

    Sent from my HTC One 801e using Tapatalk
     

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