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Singapore will join with Chongqing Municipality in building an airport economic zone in the southwest Chinese city, as cooperation agreements have been signed.
新加坡将与重庆市一起在当地建设一座临空经济区,相关合作协议已经签署。
It will become Singapore and China's third joint1 project after an industrial park in Suzhou and an eco-city in Tianjin.
Singapore has been eyeing the western region of China as the area will become very important if China's Belt and Road Initiative becomes a reality, said Kenneth Teo, regional director (West China), International Enterprise (IE) Singapore.
The agreements include cooperation projects on airline meals, ground service operation, an aviation logistic park and bonded2 logistics.
Singapore's advanced aviation, logistics and service experiences will fully3 tap Chongqing airport region's potential, said Wang Yi, deputy secretary-general of Chongqing municipal government. The cooperation will also improve the diversification4 and convenience of investment in Chongqing.
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