Citing research from global consulting firm McKinsey, Teo notes that Asia already comprises 21 of the 30 largest cities in the world, and is home to over 40% of the world’s 5,000 biggest companies.
SINGAPORE (Aug 19): Collaborative infrastructure development can help unlock Asia’s growth potential, even as the region struggles with environmental vulnerability and growing income disparity, says Senior Minister Teo Chee Hean.
Speaking at the fifth Singapore Regional Business Forum (SRBF) on Aug 15, Teo says that infrastructure will be a good equaliser for the region, and urges Asian countries to “achieve more inclusive and sustainable economic growth to bring about a future of lasting peace and stability”.
