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During a recent address, SM Lee emphasized the importance of maintaining stable growth as Singapore navigates post-pandemic recovery and geopolitical tensions. While the country has demonstrated resilience, the potential for economic headwinds requires a strategic approach to ensure continued progress.
The multi-state shipbuilding park will involve coordinated efforts from key coastal states, each contributing land, resources, and infrastructure to create a large-scale industrial complex for shipbuilding and related activities.
For Kenya, agricultural exports and technology collaboration were key areas of focus, while discussions with Tanzania centred around opportunities in mining, tourism, and renewable energy.