THOUGHT LEADERS’ PERSPECTIVES SYNDICATED STUDY COUNTRY OF FOCUS: - Building Economic Engagement
13 July 2023
interviewed to inform the recommended strategies Recognizing the growing importance of the for Canada to build improved economic engagement city-state, the Asia Pacific Foundation of Canada with the city-state. [...] the city-state the country a safe haven for Chinese investors — and ultimately stabilized is ramping up its Singapore’s economic prospects despite the Russia-Ukraine war and the impacts trade infrastructure of the pandemic — it comes with the caveat of a possible increase in China’s with a C$19.2-billion influence over Singapore in the future. [...] The International Institute for Management Development has ranked Singapore as the top smart city three years in a row and defines a smart city as “an urban setting that applies technology to enhance the benefits and diminish the shortcomings of urbanization for its citizens.” As the country aims to build itself as a smart city, there are opportunities for foreign engagement in the transportation. [...] As the surveyed thought leaders explained, Singapore’s geographic size impacts the availability and distribution of resources in the country, driving up the costs of living and business operations. [...] While the project began in March 2022 as a survey of thought leaders, there was a low response rate that could be primarily attributed to the complex nature of the survey itself, and the survey delivery timing of summer 2022, when travel restrictions worldwide started to relax following more than two years of various levels of physical isolation due to the COVID-19 pandemic.