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Page added on August 12, 2005

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Singapore wants to help Indonesia develop oil and gas industry

Singapore hopes to help Indonesia develop its oil and gas industry, Singapore’s Trade and Industry Minister Lim Hng Kiang has said.

At the Indonesia-Singapore Forum in Singapore on Friday, Mr Lim said both countries should leverage on each other’s economic resources for growth.

Said Mr Lim, “This is a very huge resource. The market is ripe for such investments. Indonesia will have no difficulties attracting investments in this sector and Singapore definitely can play a role in facilitating such investments in the oil and gas sector in Indonesia.”

Channel NewsAsia



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