1 August, 2016, Beijing  Mr. Satvinder Singh, Assistant Chief Executive Officer of International Enterprise Singapore (IE Singapore), led a 6-member delegation combined with officers from Embassy of Singapore to China to NFC headquarters.

NFC president Wang Hongqian expressed NFC’s gratitude for Mr. Singh’s re-visit and IE Singapore’s help and support during the establishment of NFC’s Trading company (NFC Singapore) in Singapore.

Mr. Singh appreciated NFC setting its branch in Singapore, and further introduced the mechanism of Singapore’s Global Trader Programme (GTP) as well as local financing policies and environment, wishing NFC’s faster joining-in to GTP and nurturing NFC Singapore into a strategetic platform for parent company’s global development.

Mr. Wang regards NFC Singapore as one of the key components in NFC’s practice of OBOR initiative and the future investment-financing platform for Southeastern Asian mineral resource market. NFC Singapore is also expected to give full play of NFC’s capabilities on resource investment, EPC contracting & management and equipment manufacture by cooperating with local companies. Moreover, NFC also looks forward to developing projects in a third country together with Singapore’s institutions like Temasek. Mr. Singh said IE Singapore would be happy to be the bridge between NFC and its potential cooperation partners in Singapore.