Infrastructure Asia 'Very Promising,' Says Singapore's Second Minister of Finance

The video discusses Infrastructure Asia's progress in facilitating projects, highlighting the need for $1 trillion annually for infrastructure in the region. It identifies urban planning as a key opportunity due to rapid growth and rising middle classes. Economic risks, such as global trade tensions and anti-globalization sentiments, are addressed, with a focus on the importance of skills for future economies. Singapore's strategy to mitigate risks from the US-China trade war by maintaining neutral relationships is also covered.

What has been a key focus for Infrastructure Asia in its initial phase?

• Developing new technology for urban planning

• Reducing infrastructure costs

• Establishing its presence in various countries

• Building new infrastructure in Singapore

What is one of the major infrastructure needs identified in the region?

• Luxury housing

• Telecoms and electrification

• Advanced robotics

• Space exploration

What is a significant concern for Singapore's economy according to the transcript?

• Lack of natural resources

• Global trade tensions

• High unemployment rates

• Overpopulation

How is Singapore addressing the need for future skills?

• By increasing university enrollments

• Through industry transformation maps

• By importing skilled labor

• By focusing on traditional industries

What is Singapore's strategy in dealing with the US-China trade tensions?

• Taking sides with the US

• Avoiding trade with both countries

• Taking sides with China

• Maintaining a neutral and trusted relationship