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Singapore to 'significantly enhance' airport, seaport capacity: Wong

PM heir apparent calls multilateral trade 'critical' amid supply chain disruptions

Singapore Deputy Prime Minister Lawrence Wong. (Photo courtesy of Singapore's Ministry of Finance)

SINGAPORE -- Singapore will "significantly enhance" its airport and seaport capacity to remain a key economic node as competition for investments and talent intensifies in Asia, Deputy Prime Minister Lawrence Wong told Nikkei Asia in a written interview.

The heir apparent to Prime Minister Lee Hsien Loong noted that the international competition for investments "will get tougher," stressing the city-state will double down on its strengths as an open economy.

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