Egypt and Singapore have agreed to bolster their economic, trade and investment ties, an official statement said on Thursday. The statement, issued by the General Investment Authority, said that the two countries were keen to enhance their co-operation in all business and trade links with the launching of more joint venture after the January 25 revolution. It said that the agreement was reached during a meeting between Authority Chairman Osama Saleh and Singaporean Ambassador Tan Hung Seng, who has affirmed his country's full commitment to continue its investment plans here. During the meeting, Saleh has briefed the Singaporean dipomat about a myriad of incentives that is being offered by the Government to foreign capital owners wishing to launch joint ventures here. He incentives aim to lure more investors into coming to the country, statement said. Amb. Tan Hung Seng said that Singaporean investors were interested in the Egyptian economy, which has every potential to flourish and grow more after the revolution.
