Tamil Nadu - Chennai   

Singapore keen on joining new Asian growth story, says Minister

Special Correspondent

"Cities, more than countries, will play a vital role"

NEW BEGINNING: Singapore Minister for Education, Tharman Shanmugaratnam inaugurating the Chennai campus of the Stansfield School of Business on Tuesday. — Photo: Vino John

CHENNAI: : Singapore is keen on partnering the `new Asian growth story' unfolding in India and the rest of Asia, of which education is a new form, Singapore Minister of Education Tharman Shanmugaratnam has said.

The emerging knowledge-based society is borderless, and more than countries, it will be cities such as Singapore and Chennai that will shape the new Asia, he said while inaugurating the Stansfield School of Business here on Tuesday.

Singapore's trade with India was expanding faster than with other partners, especially in information technology, information technology enabled services and logistics.

The recent Free Trade Agreement signed by both countries would take the ties to a new plane.

Singapore was aiming to offer Indian students easy access to international educational programmes, and the Stansfield School of Business was one of the largest foreign direct investment by Singapore in the education sector in India, Mr. Shanmugaratnam added.

Earlier, Kannappan Chettiar, chairman of the Singapore-based Stansfield Group, said the business school would foster competitive excellence and focus on creating employable students.

The students would qualify for a world-class degree from the University of London, to be given in association with the London School of Economics and Political Science.

Students would get overseas exposure, studying for the degree in India, Singapore and China. The China campus of the school would open in Shanghai in 2006.

The school would focus on utilising Singapore's good working relationship with both China and India to create the "greatest value for our students," Mr. Chettiar said.

The "challenges for a borderless education are multi-fold and extended from education to employment opportunities.''

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