His Excellency Premjith Sadasivan the Ambassador of Singapore to Egypt has confirmed his participation at the “4th Annual Global Trade Matters Ambassador’s Edition Global Competitiveness Summit” which will be held in Cairo during the second week of September 2019.
“This is the fourth year that His Excellency Ambassador Sadasivan has participated with us as one of our distinguished speakers at the Competitiveness Summit” said Dr. Esmat Kamel the Director of the Global Trade Matters Center for Business Excellence.
According to the World Economic Forum’s Global Competitiveness Report 2018/2019 Singapore is the world’s 2nd most competitive nation ranked among 140 countries measured on the index.
Singapore is a wonderful example of a truly globally competitive nation ranking in the top five positions on the GCR for the past 6 or 7 years. The small Asian country tops the ranking on the Infrastructure, Health and Product Market pillars of the CGI and ranks 3rd on the Labor Market pillar, 3rd on the Institutions pillar and 5th on Financial System pillar.
“We are always honored and privileged to have Ambassador Sadasivan participate and speak at the Global Competitiveness Summit and his presence has been a key corner stone in enhancing the global competitiveness dialogue in Egypt.” said Ashraf Mohamed Naguib Chief Executive Officer at Global Trade Matters.
Ambassador Sadasivan arrived in Egypt in 2013 and since has immersed himself in strengthen bilateral cooperation between Egypt and Singapore at a time when Egypt was embarking on a long and arduous road to economic recovery and stability.
During this time Singapore wholeheartedly welcomed Egypt’s diversification of its economic base to include Asia and H.E. President Sisi’s November 2015 visit to Singapore was the first ever by an Egyptian president while also receiving Singaporean President Tony Tain on his first visit to Cairo for a three-day visit in 2016.
With Egypt’s pushing forward with the ambition of transforming the Suez Canal Zone into a true regional logistics hub, policy makers have been keen to learn from Singapore’s experience in having come from nothing to develop a regional hub in less than 30 years.
Another important part of the bilateral cooperation has been in water desalination and power generation where Singapore is home to the largest water desalination & energy company in the world.
Furthermore, Singapore has been also sharing its experiences with Egypt on education development. Despite being such a challenging aspect of the economy, a focus on primary education and vocational training can provide the country with the human capital resources it needs for the future.
Through many interviews over the past years Ambassador Sadasivan has repeatedly emphasized the importance for Egypt to attract more Foreign Direct Investment and to work on increasing its exports.
In an interview published in the ahram-online in November 2016, Ambassador Sadasivan said “Passion and Excellence. Egyptians have lots of passion and when this is combined with excellence, the country will take off and witness new horizons.”