Jaitley to visit Singapore, Hong Kong Sep 18-21

New Delhi, Sep 17 (IANS) Finance Minister Arun Jaitley will on a four day official visit to Singapore and Hong Kong from Friday, an official statement said.

The minister will be in Singapore on Friday and Saturday, and will later visit Hong Kong on on Sunday and Monday, a finance ministry statement said on Thursday.

In Singapore, Jaitley will be giving a talk at the Singapore Summit on “India: A Heaven of Opportunity in Globally Challenging Times”. Singapore Summit is an annual investment event organized by the Singapore government with participation from various Asian countries.

He will meet Singaporean Prime Minister Lee Hsien Loong as well Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam, and Foreign Affairs Minister K. Shanmugam.

Jaitley would attend meetings with prominent investors and fund managers in Singapore.

“He is having meetings with Temasek and GIC, Singapore government-owned wealth funds. He will be having talks with the pension funds regarding their participation in National Investment & Infrastructure Fund (NIIF), being promoted by the government of India,” the statement said.

He will also address a meeting of Singapore businesses, jointly organised by Indian High Commission and Indian industry chamber FICCI.

In Hong Kong, Jaitley would be addressing the investors at the Capital Markets and Institutional Investors’ Summit organized by the Asia Pacific Investors Cooperation (APIC) on Monday.

The summit will present to select Asian institutional investors the developments in India’s capital markets and investment opportunities.

Jaitley will also hold meetings with Hong Kong Trade Development Council (HKTDC) and Greater China Chamber of Commerce.

He will attend small group meetings with financial sector investors and fund managers in Hong Kong.

Jaitley will be meeting the chief executive of Hong Kong on Monday and also address an event organized by Indian community in Hong Kong.

He will return to India early on Tuesday.

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