Singapore CEOs urged to invest in smart cities.

Union Urban Development Minister M Venkaiah Naidu has invited Singapore firms and their CEOs to invest in the twin programmes under his ministerial charge of developing 100 smart cities and achieving housing for all by 2022.

He said there is huge potential for investments in these two ambitious programmes and the FDI norms have been further relaxed.

The business community was assured that labour reforms are on his Government’s priority striking a healthy balance between industrial development and issues pertaining to working class.

On a three-day visit to Singapore, the Minister participated in an interactive session with CEOs of top Singapore business houses of all major sectors.

HBL