Subscribe to our free daily newsletters
. Military Space News .

Subscribe to our free daily newsletters

Australia gets Singapore defence investment boost
by Staff Writers
Sydney (AFP) May 6, 2016

Singapore will invest up to US$1.67 billion in Australia's defence infrastructure and hike troop numbers it sends for training, Prime Minister Malcolm Turnbull said Friday.

The new agreement also includes commitments to open markets and trade and increase collaboration in science and research, he said, adding it would create thousands of jobs in northern Australia.

"We will jointly develop military training facilities in northern Queensland which will be fully funded by Singapore," the prime minister told reporters.

"Singapore will invest up to two-and-a-quarter billion dollars (US$1.67 billion) in the expansion of two of our most important military training facilities," he said, naming Shoalwater Bay and Townsville.

Turnbull said upgrading the Free Trade Agreement between the countries would make it much easier for Australians to live and work in Singapore.

"This is a great day for the Australian Singapore relationship," he said, dismissing concerns that deeper ties between Canberra and Singapore could rankle China.

Some 6,600 Singaporean troops already train each year in northern Australia. Under the new deal this will climb to 14,000, staying for 18 weeks instead of the current six, trade envoy Andrew Robb said.

Singapore Prime Minister Lee Hsien Loong said the Comprehensive Strategic Partnership (CSP) signed with Canberra last year was "an ambitious package covering many aspects of our relationship".

"Our two countries are politically like-minded, strategically aligned and economically complementary. We have much to gain by working closely together," he said in a statement.

Singapore is Australia's fifth-largest trading partner, with gold and crude petroleum key exports.

As it looks to Asian markets for growth, Australia will encourage greater collaboration in research with Singapore and locate one of its five start-up "landing pads" in the city state to promote innovation and entrepreneurship.

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once

credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly

paypal only


Related Links
The Military Industrial Complex at
Learn about the Superpowers of the 21st Century at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Previous Report
Nigeria says lost $15 bn in military procurement fraud
Lagos (AFP) May 3, 2016
Nigeria's Vice-President Yemi Osinbajo has accused the previous administration of stealing some $15 billion (13 billion euros) of public money through fraudulent arms deals. Osinbajo said the huge sum was "lost... to fraudulent and corrupt practices in... security equipment spending during the last administration", according to a statement released by his office on Tuesday. The figure is ... read more

China, Russia rap US missile defence plan in S. Korea

Army developing new air defense system

Planned US Missile Defense Units in Asia-Pacific Threaten China, Russia

Lockheed Martin tests Aegis on Australian destroyer

France approved for additional Hellfire missiles

Possible Australian missile buy gets State Dept. approval

China defends right to carry out 'normal' missile tests

U.S. Air Force orders 100 more JASSM-ER missiles

AeroVironment Unveils Mantis i45 EO IR Gimbal Payload for Puma AE

Mexico flies Arcturus fixed-wing VTOL UAV

Raytheon speeds up drone deliveries

Britain procuring advanced Predator B aircraft

Elbit receives European order for tactical radios

Haigh-Farr showcases Antenna Solutions at DATT Summit

U.S. Army orders radios for Mid-East, African countries

Harris supplies tactical radios to African country

Germany orders soldier training systems

Navy SEALs grab limelight in years since bin Laden death

GXV-T revs up research into smarter armored ground vehicles

Army taps BAE Systems for M88A2 recovery vehicles

Nigeria says lost $15 bn in military procurement fraud

India asks UK to extradite British 'middleman' in chopper scam

Saudi Arabia seeks major boost to its defence industry

US approves billion-dollar arms deal with Australia

Russian jets regularly violate Estonian airspace

US Navy chief hopes for 'normalization' with Russia in Baltic

Japan agrees to lease military aircraft to Philippines

New NATO supreme commander vows tough line on Russia

New movies from the microcosmos

Ultra-long, one-dimensional carbon chains are synthesised for the first time

Rice introduces Teslaphoresis to help assemble Nanotubes

Intracellular recordings using nanotower electrodes

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement