By Daniel Hunter
The All-Party Parliamentary Group (APPG) for Trade & Investment is taking a group of UK businesses and education providers on a trade mission to Singapore and Indonesia to strengthen business ties and boost UK exports this week.
The mission will be led by APPG Chair Margot James MP and supported by Barclays, Prudential Plc and the UK ASEAN Business Council (UKABC). It is the first time that an All-Party Parliamentary Group has taken a trade mission on a visit to a market in conjunction with UK Trade & Investment (UKTI).
Fifteen British companies from the education and infrastructure sectors will take part, including Warwickshire College, the University of Reading and Spark Architecture. Education and infrastructure opportunities are growing rapidly in the South East Asia region, which includes some of the fastest-growing markets. The region is predicted to be the fourth largest market in the world by 2030.
The mission will start in Singapore where the group will meet key figures from the public and private sector education and business communities. Highlights include visits to the Institute of Technical Education, Singapore’s largest provider of career and technical education, and the iconic British-designed Gardens by the Bay, one of the largest garden projects in the world.
In Indonesia delegates will network with government and business officials where they will gain useful knowledge of the market and engage with potential commercial partners. They will visit the World Trade Centre 2, the first certified green building in Jakarta’s Central Business District, and the highly influential Indonesian Chamber of Commerce.
Trade and Investment Minister Lord Green said: “Getting more companies to export and attracting high-quality investment to the UK are key planks of the government’s Plan for Growth. Indonesia and Singapore are high growth markets and I am delighted to see this mission taking place.”
Margot James MP said: “I am delighted to be leading this mission, the first by the All-Party Parliamentary Group for Trade and Investment. This trade mission is a fantastic opportunity to give British companies access to the exciting and growing markets of Singapore and Indonesia which are vital to delivering the UK’s economic growth agenda.”
'Open to Export' http://opentoexport.com/ is a UK Trade & Investment (UKTI) initiative in partnership with hibu plc (formerly Yell Group).
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