Singapore well-positioned to make gains in game-changing Belt and Road: Shanmugam

SINGAPORE – Having recognised early on the benefits of China’s One Belt, One Road (OBOR) initiative, Singapore has actively supported it and is well-positioned to make gains from it, Home Affairs and Law Minister K Shanmugam said in a lecture on Monday (Aug 28) morning.

Singapore’s competitive advantage lies partly in the fact that it is well-governed, upholds the rule of law, has a highly educated population and is a respected financial centre and port, he said.