Singapore attractive land to foreign entrepreneurs

Singapore, which boasts the world’s highest density of millionaires, has been attracting foreign entrepreneurs.

Yanlord Land Group founder and CEO Zhong Sheng Jian, originally from China, said coming to Singapore was the best decision he has ever made.

Yanlord Land Group is the biggest China-based property developer listed in Singapore.

“I can say that my success is built on the experience I’ve acquired from Singapore. These experiences include organisational development, people management and property development.

“I benefited greatly by bringing the Singapore experience to China,” Mr Zhong said.

The 52-year-old entrepreneur, who often travels to China where most of his development projects are based, was recently awarded the Singapore Businessman of the Year.

One of the top 10 richest men in Singapore, Mr Zhong was born into a poor family in Guangdong province. He built his empire from scratch when he immigrated from China to Singapore 22 years ago.

He added Singapore was an ideal and safe place for his family.

“I like living in Singapore. The warm weather relaxes me. For instance, when I’m here. I can walk around in my flip flops and shorts. I can take a walk at the beach, eat at hawker centres. It makes me feel very comfortable,” he said.

Mr Zhong, who rode on the property boom in his home country, is a self-made billionaire worth US$1.8 billion.

“As an entrepreneur, you can’t relax. Just like what PM Lee (Hsien Loong) says, it’s a never-ending marathon. Entrepreneurship is the same. You have to keep working hard,” Mr Zhong said.

As business relations between China and Singapore grow, the synergy will provide those aspiring to be like Mr Zhong a good chance of making their entrepreneurship dreams come true.

“To most young people, having patience is very important. Building a business takes time and effort. There’s no short cut,” Mr Zhong said.

Source : Channel NewsAsia – 27 Sep 2010

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