The state visit to Singapore by Swedish King Carl XVI Gustaf, which ended on Nov 21, signalled that both countries have the desire to strengthen business and community links.
Swedish firms and expatriates, and Singaporeans who have dealings with Sweden, said more tie-ups could help make Singapore a more secure and environmentally sustainable place to live in.
Singapore could also learn how to be more innovative and productive through the blossoming relationship the trip aimed to cement, they said.
Mr Chew Chun Chau, Singapore country head for the Swedish defence firm Saab, said its strong presence in Singapore stems from shared values and priorities between the two countries that transcend physical distance.
"Both countries share similar demographic challenges and are constantly at the forefront of technological innovation to overcome their demographic constraints."
He said the firm, which has been present in Singapore for more than four decades, sees opportunities to contribute to Singapore's defence and security across land, sea and air, including in aviation and civil security.
Ms Jerrica Chooi, country holding officer for Swiss-Swedish automation firm ABB here, said the firm first entered Singapore in 1971.
While it has divested its power grid business, Ms Chooi noted that much of Singapore's grid still runs on ABB equipment.
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