SMF Celebrates Netherlands Foreign Investment Agency’s (NFIA) 40th Anniversary

18 April 2018 – SMF President Mr. Douglas Foo was invited to the Netherlands Foreign Investment Agency’s (NFIA) 40th Anniversary, held at the Gardens By the Bay.

In his opening address, Mr. Foo reiterated Netherlands’ strong bilateral relations with Singapore. The Netherlands is Singapore’s largest European investor with close to S$70 billion worth of investments; and is our third largest trading partner in the EU as of 2016. There are more than 1,300 Dutch companies based here, including household names like Unilever, DSM, VOPAK and of course, Heineken. And Singapore companies such as Keppel Offshore & Marine, Olam and CWT Limited are present in the Netherlands.

Mr. Foo urged the Dutch community present to continuously collaborate and learn from the best from both countries.

SMF President Mr. Douglas Foo (left) received a token of appreciation from Mr. Jeroen C.M. Nijland (Commissioner from the Netherlands’ Ministry of Economic Affairs)

From left: Ms. Adeline Tan (NFIA Country Manager); Mr. Jeroen C.M. Nijland (Commissioner from the Netherlands’ Ministry of Economic Affairs); H.E Ms Margriet Vonno (Ambassador of the Kingdom of the Netherlands in Singapore); SMF President Mr. Douglas Foo and Mr. Elmar Bouma (NFIA Executive Director, SEA)