Singapore's emergence as a global mining trading, finance and services hub continues to gather momentum, even as activity in other traditional mining investment hubs stalls.
The Singapore Economic Development Board website says the city-state's vision of becoming a natural resource hub "is fast becoming a reality".
Its strategic position in resource-rich Asia makes Singapore a choice location for world-class natural resource companies," the SEDB says.
Since the launch four years ago of new listing rules for minerals, and oil and gas (MOG) companies, and a range of local investor education initiatives, the Singapore Stock Exchange has seen the number of MOG listings climb from a handful, to 27.
Chong Lek Foong, SGX director, listings, marketing & business development, has hosted the exchange's MOG Investor Education series, which has drawn international experts in exploration, development and production to share their knowledge with the Singapore market.
He says this has boosted investor knowledge and appreciation of the resources sector, contributing to a deeper equity investment pool in the country.
Here Chong Lek Foong speaks exclusively with Mining Journal managing editor Richard Roberts about the growing MOG attraction to Singapore, the city-state's rise to prominence as a global mining finance hub, and possible extension of the SGX's appeal to minerals exploration companies.
