Late shipping magnate Frank Tsao was a longstanding and good friend to Singapore: PM Lee Hsien Loong

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Late shipping magnate Frank Tsao was a longstanding and good friend to Singapore: PM Lee Hsien Loong
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SINGAPORE - The late shipping magnate Tan Sri Frank Tsao was a longstanding and good friend to Singapore, and played a big part in developing capability and attracting talent to the maritime industry, said Prime Minister Lee Hsien Loong on Thursday (Aug 15).. Read more at straitstimes.com.

SINGAPORE - The late shipping magnate Tan Sri Frank Tsao was a longstanding and good friend to Singapore, and played a big part in developing capability and attracting talent to the maritime industry, said Prime Minister Lee Hsien Loong on Thursday .

Mr Tsao also supported the establishment of the Centre for Maritime Studies at the National University of Singapore, and helped set up the permanent secretariat of the Asian Shipowners Forum here. He and his team made Suntec a vibrant centre of commerce and a hub for meetings, conventions and exhibitions, PM Lee said.In 1996, Singapore successfully hosted the World Trade Organisation Ministerial Conference at Suntec City - just a year after its opening.

PM Lee said that beyond shipping and real estate, Mr Tsao contributed greatly to Singapore through the foundation, which has provided care and support for many elderly in Singapore and partners the Government to implement many active ageing initiatives. "This was to be the largest gathering of global leaders, and we wanted to ensure a spectacular conference with serious meaningful outcomes," he said.

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