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PM Lee opens Temasek office in London

Published on Mar 29, 2014 6:22 PM
 
Temasek has set up a European office in London that is poised to help the Singapore investment company with its forays into the continent and beyond, to Middle East and Africa. Prime Minister Lee Hsien Loong (third from right), who opened the office on Friday before an audience of investment bankers and corporate chieftains, said the new base reflects Temasek's confidence in European opportunities, and Africa's long term potential. -- ST PHOTO: STEPHANIE YEOW

Temasek has set up a European office in London that is poised to help the Singapore investment company with its forays into the continent and beyond, to Middle East and Africa.

Prime Minister Lee Hsien Loong, who opened the office on Friday before an audience of investment bankers and corporate chieftains, said the new base reflects Temasek's confidence in European opportunities, and Africa's long term potential.

"Temasek's interests are part of Singapore's broader relations with these continents," he added.

Europe is one of Singapore's biggest markets and the Eurozone countries have made progress stabilising their economies after the past few difficult years, raising its growth potential.

 
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