OREANDA-NEWS. February 28, 2013. Capt. Wei, Chairman of COSCO Group, met with a delegation led by Mr. Stanley Loh, Ambassador of Singapore to China. The two sides thoroughly exchanged views on issues including development of COSCO's business in Singapore and global economic outlook.

Capt. Wei reviewed the development history of COSCO in Singapore, and thanked the government of Singapore for its gracious support rendered to COSCO Group. Ambassador Loh expressed that COSCO Group is highly recognized by departments of Singapore like the Monetary Authority of Singapore (MAS), the Singapore Economic Development Board (EDB), the Singapore Exchange (SGX), the Port of Singapore Authority (PSA), etc. On behalf of the Singapore government, Mr. Ambassador also invited COSCO to further develop its business in Singapore, so as to enhance the cooperative partnership between the two sides, and yield win-win outcome.

The meeting was also attended by officials from the Embassy of Singapore, the International Enterprise Singapore, and the EDB, as well as staff from the Executive Division and Transport Division of COSCO Group.