S'pore could draw Chinese infrastructure deals

Singapore

SINGAPORE could become an attractive base for Chinese companies looking to invest in large infrastructure projects in Asean, with Singapore's environment offering stability for operations at a time of business uncertainty, said a top UOB banker.

This comes as a UOB survey released on Wednesday showed Singapore remains the top expansion destination for Chinese businesses and other Asian firms.

As Asean requires more infrastructure investments, deep-pocketed China can step in to take on big contracts, and take on more "government risk" related to such projects compa…