The World Trade Centres Association (WTCA) has announced its support for expanding Singapore’s investment footprint in Europe, with a focus on emerging sectors such as agriculture, banking, and health technology. This initiative will be highlighted at the 55th Annual WTCA Global Business Forum (GBF), set to take place from 6-9 April 2025 in Marseille, France. The event aims to provide a platform for fostering global trade and investment partnerships, particularly between Singapore and the Mediterranean region.
Singapore is set to invest between S$20b and S$25b in the Europe, Middle East, and Africa (EMEA) region over the next five years. This move aligns with the government’s long-term strategy to drive innovation and strengthen international partnerships. Scott Wang, WTCA Vice President for Asia Pacific, noted, “The Mediterranean region is a strategic gateway for Singaporean investors looking to strengthen their presence and expand trading opportunities in the EMEA market.”
The forum coincides with the 60th anniversary of diplomatic relations between Singapore and France, marked by the launch of a Comprehensive Strategic Partnership to enhance cooperation in green and digital economies. France remains a key trade partner for Singapore, with bilateral trade exceeding S$30b in 2023.
Themed “Gateway to the Mediterranean,” the forum will feature a range of programmes, including a Real Estate Summit and sessions on trade and investment trends. Benoit Vincent, CEO of WTC Marseille Provence, stated, “This event will create new opportunities for investment, trade, and partnership in one of the world’s most dynamic economic regions.” The gathering will bring together over 300 attendees from more than 50 countries, offering Singaporean businesses the chance to explore new markets and establish strategic alliances.
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