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Minister Chan Chun Sing: Foreign investors scared of PAP loss

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In his last election campaign message to Singaporeans, Minister Chan Chun Sing threatened Singaporeans that if the PAP lose this election, there will be no foreign investment and jobs in the country:

“What we need to do is make sure that we have a conducive environment to inspire confidence in investors to plant their investments in Singapore, to create good jobs. At this point in time, we must be careful… I think it is wrong to assume that investments will come in to Singapore, regardless of what happens in Singapore. Investors will be looking at whether Singapore can still provide a safe harbour. At this point in time, the last thing we need to do is add to the uncertainty.”

The former army general claimed that only the PAP is “capable” of creating new jobs and attracting foreign investments. Minister Chan Chun Sing said foreign investors will be scared of PAP loss:

“It is not correct to say that, regardless of what happens in this election, people (foreign invetsors) will continue to have the confidence to plant their investments in Singapore… A (PAP loss) will further erode confidence in Singapore and erode our attractiveness as a choice destination for investments.”

Minister Chan Chun Sing refused to reduce the foreigner population in Singapore, where most Singaporeans find excessive due to overcrowding in the country.


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