GIC believes in US' long-term potential; mutual trust has enabled sovereign wealth fund and US partners to prosper: SM Lee

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GIC believes in US' long-term potential; mutual trust has enabled sovereign wealth fund and US partners to prosper: SM Lee - Channel News Asia

Quick Summary:

"The mutual trust and confidence that we established enabled us to prosper together," said Mr Lee in a keynote address at this year's GIC Insights gala dinner in New York.

During his speech, Mr Lee said that GIC continues to see investment opportunities in the US, especially in emerging areas like climate technology and sustainability.

"One is building a battery plant in West Virginia, on the site of an old steel mill, to manufacture iron-air batteries that provide long-duration energy storage.