Lenovo, China's world-eminent IT supplier is to promote its business in Southeast and South Asia and hence to the world from a soon-to-open regional headquarters in Singapore, according to Channel NewsAsia report on Monday.

Lenovo Singapore will also serve the group for international sales support operations, personal computing products supply chain control, global treasury, as well as sales and distribution.

Lenovo grounds its decision on the island state's superior logistics infrastructure, reliable global monetary systems, convergence of professionals and its central location in Southeast Asia.

Singapore's Economic Development Board welcomed Lenovo's decision as echo to the country's aspiration to establish itself as a Global Entrepolis.

Through its recent acquisition of personal computing business of International Business Machine, Lenovo is forging a strategic partnership with Big Blue.