3. Mr. Shanmugam said: "Singapore is honoured to be chosen as the location for the WIPO Center in the Asia Pacific Region. The expansion of WIPO's presence here bears testimony to Singapore's commitment to the protection of intellectual assets and our support of WIPO's efforts to develop the international IP regime. WIPO's decision to set up its WIPO Center office in Maxwell Chambers, a dedicated facility for international dispute resolution, augments our efforts to develop Singapore as a venue of choice for international arbitration and mediation in Asia.