Singex signs Chongqing focused Memorandum of Understanding

SINGAPORE A new Memorandum of Understanding (MoU) has been signed by Chongqing Foreign Trade and Economic Relations Commission (COFTEC) of Western China and Singex Group, manager of the Singapore EXPO Convention and Exhibition Centre. The agreement took place during COFTEC’s roundtable seminar at Shangri-La Hotel, Singapore on March 12. 

The MoU brings Singex and COFTEC into a strategic alliance with the shared aim of promoting China Chongqing International Investment and Global Sourcing Fair (CCISF). To be held at Chongqing International Expo Centre (CQIEC) from 16 to 19 May 2013, CCISF is a leading large-scale international exhibition which is intended to serve as a gateway for domestic and foreign enterprises seeking trade and investment opportunities with China’s inland provinces.
Both Singex and COFTEC will leverage on each other’s networks, exchange MICE industry-related and regional market information, cross promote each other’s trade events, organise enterprise exchange visits to promote bilateral cooperation between Chongqing, Western China and Singapore in the finance, manufacturing, trade and tourism sectors.
This MoU follows on from three other collaborative agreements between Singex and Yuelai Investment & Development Co. Ltd (Yuelai), the company behind CQIEC, and the China Council for the promotion of International Trade (CCPIT).
Mr Aloysius Arlando, Singex’s Chief Executive Officer says: “The signing of this MoU with Chongqing demonstrates how quickly we would like to help develop and grow the MICE industry in Western China. Through our continuous engagements with various government agencies, we are constantly on the lookout for ways to value-add, and deepen our ties with our Chongqing partners, including the co-creation of events like the Singapore-Chongqing Showcase.”
The Showcase, the first joint event for Singex and Yuelai will be a premier platform for corporations and trade bodies in Southeast Asia to learn about business opportunities in Chongqing and Western China. Companies will be able to exchange information, gather insights and establish opportunities for business forays into Chongqing and the Western China region. The Showcase is scheduled for August later this year.

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Graeme Park


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