07 Apr '11, 2pm

Cross-cultural co-operation important during reconstruction efforts

SINGAPORE : Successful reconstruction efforts in disaster-stricken areas is more than just about injecting funds and expertise to rebuild a city. Experts said it needs other factors too like cross-cultural cooperation between companies from different countries and sound government planning. They said this combination is important as more foreign companies are being solicited to be part of rebuilding efforts. Swift reconstruction efforts in disaster-stricken areas are crucial in restoring confidence in the economy. And places such as Brisbane in Australia that was hit with massive floods in January this year are now seeking foreign investments to help in their rebuilding efforts. Daniel Havas, Director (Investment Attraction) at Brisbane Marketing, said: "Part of our reason here in Singapore is to shore up investor confidence in the market. So ensuring that we can move forw...

Full article: http://www.channelnewsasia.com/stories/economicnews/view/...

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