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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Government Education Search Search: World Bank, S’pore to set up Urban Hub to help developing countries Channel NewsAsia - Friday, December 19 SINGAPORE : Singapore and the World Bank have joined hands to provide development assistance to emerging economies. The World Bank has set aside a few million dollars to fund programmes under the Urban Hub, to be set up in Singapore. Across the world, hundreds of millions of people are moving from rural areas to the cities, and this will put stress on resources. The World Bank said governments have to find sensible solutions to manage demand for land, water and jobs. From February, the team will embark on civil service development project with the government in Laos. Singapore, through the Singapore Cooperation Enterprise (SCE), has embarked on a public finance modernisation and governance programme in Laos, while Temasek Foundation and the World Bank Laos Office will jointly fund a capacity building programme involving the national tax, treasury and customs departments of Laos’ Ministry of Finance. "Whether the issue be public administration, whether it be water policy or transportation, or green areas and ecological dimensions, there is a tremendous amount we can draw from the Singapore experience," said World Bank’s President Robert Zoellick. Singapore’s Foreign Affairs Minister George Yeo said: "What we do here cannot be applicable to larger nations... But for municipal management, urban planning and design, traffic control, pollution control, greenery, there are some things which we do here which we are quite happy to share with others." Other areas of cooperation include environment, education, governance and training projects in the East Asia and Pacific region. After signing the agreement with the city—state to expand cooperation on urban management on Thursday, Mr Zoellick called on Prime Minister Lee Hsien Loong. While at the Istana, he also called on Senior Minister Goh Chok Tong and Minister Mentor Lee Kuan Yew. During the meetings, the leaders discussed the impact of the financial crisis, the responses of different governments and the World Bank’s role in Asia. They also discussed how the World Bank can leverage on Singapore’s developmental experience to produce joint capacity—building initiatives for the region and beyond. — CNA /ls Email Story IM Story Printable View Blog This Recommend this article Average (1 vote) Sign in to recommend this article » Most Recommended Stories » Related Articles: Singapore Public transport fares among issues raised at MacPherson dialogue sessionChannel NewsAsia - 1 hour 55 minutes ago Retailers say no significant drop in sales this year—end seasonChannel NewsAsia - Monday, December 22 Underprivileged children go on sponsored shopping tripChannel NewsAsia - Monday, December 22 ASEAN summit in late February may be rescheduled: reportAFP - Sunday, December 21 "Mandatory Give Way to Buses" scheme takes effect at 26 bus stopsChannel NewsAsia - Sunday, December 21 Most Popular – Singapore Viewed Global economy seen sinking into 'severe' 2009 recession: report Actress Jennifer Aniston appears naked in GQ magazine Oil prices mixed; New York contract expires below 34 dollars Let poor eat caviar: Milan authorities German Christmas cake theft sparks data scare View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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