SINGAPORE: Rolls-Royce's Chief Scientific Officer Paul Stein said Singapore is
making the right moves in attracting research and investments.
He said the British manufacturing
firm sited its activities in the republic because its strategies align with the
Singapore government's policies to stimulate innovation.
Mr Stein cited the country as an
example of how to woo innovators at the annual Techventure conference -- a
networking platform for technopreneurs and investors.
He added that Singapore's strong
intellectual property protection regime is another reason why firms are drawn
to invest here.
Deputy Prime Minister Teo Chee
Hean launched the conference on Wednesday, and said Singapore's strategic
location places it at the heart of innovation and transformation in Asia.
Mr Teo said: "We are home to
companies from around the world, including the US and Europe, Japan, China and
India. We can thus offer a window for which companies and entrepreneurs can
understand and appreciate cultural similarities and differences in the
region."
The Techventure conference is
into its 16th year.
- CNA/lp
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