Trade between Southeast Asia and NSW is set to increase with the official opening of the NSW Government Office Singapore.
Minister for Enterprise, Investment and Trade Stuart Ayres formally opened the office today and said the opening reflects the state’s commitment to increasing opportunities for NSW businesses to find new markets, growing NSW exports to the region and attracting new investment into the state.
“ASEAN collectively represents NSW’s second largest two-way trading partner and the fourth largest investor into Australia making it a significant economic partner for our state,” Mr Ayres said.
“We have a strong and vibrant relationship with Singapore and having a presence on the ground will play a vital role in delivering on our commitment to ensuring Asia’s biggest companies establish a presence in NSW.
“The NSW Government is expanding the states international network to boost two-way engagement, increase trade and encourage and attract investment.”
The office is led by Andrew Parker the Senior Trade and Investment Commissioner to ASEAN who is working with the team to build the profile of NSW’s capabilities to government and commercial partners in the region.
“Singapore is a hugely successful economy and holds significant potential for our state’s growing businesses. Work is already well underway to support NSW exports to expand into the region, get students and visitors back and to attract innovative companies from the region to invest in NSW,” Mr Parker said.
The NSW Government Office is located at Raffles Place in the Republic Plaza of Singapore.
The NSW Trade Statement can be downloaded at investment.nsw.gov.au.