Singapore will explore opportunities arising from Hong Kongโs Northern Metropolis megaproject and its coming five-year development plan, the city stateโs Prime Minister Lawrence Wong has said, highlighting that relations between both economies are โmore important than everโ in a fragmenting world.
Chief Executive John Lee Ka-chiu said on Friday that Wongโs visit โ his first official trip to Hong Kong since becoming prime minister in 2024 โ was indicative of the strong ties and friendship between the two jurisdictions and hoped that enhanced cooperation could achieve โwin-winโ outcomes.
The South China Morning Post learned that the Development Bureau arranged for Wong to visit the Hong Kong-Shenzhen Innovation and Technology Park in the Northern Metropolis on Friday afternoon.
In their meeting at Government House on Friday, both leaders highlighted shared beliefs, such as free trade and multilateralism, rather than the differences that often cast the two financial hubs as bitter regional rivals.
Wong said during the meeting that competition between the two jurisdictions was โhealthyโ and that good relations were โmore important than ever in a world that is becoming more fragmented and where barriers are going upโ.
โIโd like very much to hear and learn about some of these new developments, your five-year plans, your Northern Metropolis developments, which you also told me about the last time we had a meeting, and I would like to see what Hong Kong is doing and how Singapore can participate in some of these opportunities too,โ he told Lee.
Wong was apparently referring to both Beijingโs 15th five-year plan approved by the National Peopleโs Congress earlier this month and Hong Kongโs planned local equivalent.