Some 50 investors from the Middle East will meet with Singapore's national land-use planning authority, the Urban Redevelopment Authority (URA) this week to learn more about the financial district at Marina Bay and other exciting investment opportunities in Singapore. The URA has announced bold plans to double the size of its financial district at Marina Bay as part of its strategy to position itself as Asia's leading financial center. The 80-hectare new growth area has the potential to yield approximately 3.5 million square meters of office space and will enable the seamless extension of Singapore's current financial district over the next 15 years. Singapore's Consul-General to the UAE Dileep Nair said: “Singapore's consistent year-on-year growth continues to drive the interest of investors from the region. With expected growth estimates between four to six percent in the medium term, we are confident Singapore will continue to be a magnet to global investors and businesses.”
