New Zealand's Regional Development Minister Shane Jones is heading to Singapore.
Regional Development and Associate Energy Minister Shane Jones has embarked on a trip to Singapore, where he aims to secure investment for large regional projects in New Zealand. As part of the Coalition Government's economic strategy, Jones seeks to attract more overseas investment by removing barriers and red tape through law reforms.
Jones will meet Singaporean government representatives and participate in a ministerial leaders' panel discussion at the Singapore International Energy Week forum. The event focuses on ensuring a reliable energy supply and promoting effective competition in the energy market, issues relevant to New Zealand's recent domestic challenges.
New Zealand and Singapore have close economic ties, with both countries set to celebrate 60 years of bilateral diplomatic relations in 2025. Jones believes foreign investment could play a significant role in addressing New Zealand's infrastructure deficit, benefiting businesses and communities.
The Minister is scheduled to return to New Zealand on October 26, following his visit to Singapore that began today.