Singapore in pursuit of continuous prosperity

Date: 10/08/2018 | Source: Pyongyang Times | Read original version at source

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Singapore in Southeast Asia is widely known for its entrepot trade and clean environment.

The Strait of Malacca that starts from Singapore is an important maritime spot connecting the three continents of Asia, Africa and Europe. A quarter of the world’s maritime trade is conducted and nearly half of the world’s oil tankers pass through it.

The Port of Singapore, also known as the world’s “busiest port” and the second largest port next to Port of Rotterdam in the Netherlands, leads to more than 530 sea lanes and over 700 ports around the world.

It has an annual throughput capacity of well over 300 million tons, handling more than 100 million tons of cargo on average every year. More than 40 000 ships enter it every year.

As a result, over 80 percent of the national income of Singapore comes from the sectors directly or indirectly related with transit trade.

Singapore makes constant efforts to become a modern and clean country.

As it has not enough drinking water resources, it works hard to solve the water problem by three ways of collecting rainwater, purifying sea water, and recycling waste water.

Projects are also pushed for greening buildings in line with the developing trend toward preventing environmental pollution and creating clean ecological environment.

It also has a world-famous modern intelligent metro network.

This year it has become ever more famous as the host of the historic DPRK-US summit meeting and talks.

It is the aspiration of the Singaporean government and people to rejuvenate the country by relying on its topographical conditions, though small, and advanced science and technology.

August 9 is independence day of Singapore.

By Song Jong Ho PT

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