S$14 million over the next three years to support the development of new urban technologies IMDA partners Ascendas-Singbridge Group and JTC to pilot innovative urban solutions
16 November, 2018: The Infocomm Media Development Authority (IMDA) today announced a new technology call to help technology companies build their capabilities in the digital economy and aims to accelerate Singapore’s journey in developing smart estates of tomorrow.
As part of the inaugural technology call, IMDA has partnered Ascendas-Singbridge Group (ASB) and JTC to trial innovative urban solutions for smart estates. The $14 million set aside by IMDA will help fund the trials at ASB’s Science Park 1 and 2 and JTC’s LaunchPad @ one-north, Fusionopolis One and LaunchPad @ Jurong Innovation District. In addition to these two partners’ sites, IMDA will progressively on-board additional partners to create more opportunities for technology companies.
IMDA envisions technology powering the hyper-connected smart estates of tomorrow. This connectivity will enable innovative digital services to provide a seamless experience for the community and create new growth opportunities for enterprises. Developers and facility owners can benefit from improvements such as energy efficiency and operational effectiveness, potentially reducing operating costs for buildings and estates.
“We are excited to develop the smart estates of the future. Innovations for a better tomorrow start with a collaborative effort today amongst our technology or solution providers with developers, asset owners and built environment enterprises. Through this inaugural smart estate technology call, we hope to accelerate the development and deployment of innovative urban solutions in sites such as JTC’s Punggol Digital District and subsequently, smart estate projects across the region with partners like ASB,” said Mr. Tan Kiat How, Chief Executive, IMDA.
Mr. Jeffrey Chua, Chief Executive Officer of Ascendas-Singbridge Services, part of the Ascendas-Singbridge Group, said, “Enhancing customer service and experience is becoming increasingly important to differentiate ourselves from other real estate developers. With technology as an enabler, we look forward to working with like-minded technology providers to help us enhance customer experience, drive operational excellence, and reinvent our products and services.”
“We are happy to partner IMDA in this initiative to spearhead the implementation of smart urban technology in our business parks. This will give us the opportunity to gain insights on how we can better equip future industry spaces and business parks with new technologies that will benefit industry and community,” said Mr. Ng Lang, Chief Executive Officer, JTC.
Related Resources:
Fact Sheet - Call for Innovative Urban Solutions for Smart Estate (377.62KB)
About Infocomm Media Development Authority (IMDA)
The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation with infocomm media. To do this, IMDA will develop a dynamic digital economy and a cohesive digital society, driven by an exceptional infocomm media (ICM) ecosystem – by developing talent, strengthening business capabilities, and enhancing Singapore's ICM infrastructure. IMDA also regulates the telecommunications and media sectors to safeguard consumer interests while fostering a pro-business environment, and enhances Singapore’s data protection regime through the Personal Data Protection Commission.
For more news and information, visit www.imda.gov.sg or follow IMDA on Facebook IMDAsg and Twitter @IMDAsg.
About Ascendas-Singbridge Group
Ascendas-Singbridge Group Group is a leading provider of sustainable urban development and business space solutions with Assets Under Management exceeding S$20 billion.
Jointly owned by Temasek Holdings and JTC Corporation, Ascendas-Singbridge Group Group undertakes projects spanning townships, mixed-use developments, business/industrial parks, offices, hotels and warehouses. Headquartered in Singapore, the Group has a presence across 11 countries in Asia, Australia, Europe and the United States of America.
Ascendas-Singbridge Group has deep capabilities in real estate fund management, holding commercial, hospitality and industrial assets. It has a substantial interest in and also manages three Singapore-listed funds under its subsidiary Ascendas, namely Ascendas Reit (a Straits Times Index component stock), Ascendas India Trust and Ascendas Hospitality Trust. Besides these listed funds, it also manages a series of private real estate funds.
About JTC
Set up in 1968, JTC is the lead government agency responsible for the planning and development of industrial infrastructure to support and catalyse the growth of industries and enterprises in Singapore. Landmark projects by JTC include the Jurong Industrial Estate; the Jurong Island for energy and chemical industries; business and specialised parks such as the International and Changi Business Parks, Seletar Aerospace Park and Tuas Biomedical Park; a work-live-play-&-learn development called one-north; next generation districts including Jurong Innovation District and the Punggol Digital District, as well as the Jurong Rock Caverns, Southeast Asia’s first commercial underground storage facility for liquid hydrocarbons. JTC also develops innovative space such as the JTC Surface Engineering Hub, JTC MedTech Hub, JTC Food Hub @ Senoko, and TimMac @ Kranji which incorporate innovative features and shared infrastructure and services to enable industrialists to start their operations quickly and enhance productivity.
For more information on JTC and its products and services, please visit www.jtc.gov.sg.
For media clarifications, please contact:
Aung Thi Ha (Mr)
Assistant Manager, Communications & Marketing, IMDA
HP: (65) 9338 2594
Email: aung_thi_ha@imda.gov.sg
Joyce Wee (Ms)
Senior Manager, Group Communications, Ascendas-Singbridge Group Pte Ltd
DID: (65) 6508 8970
Email: joyce.wee@Ascendas-Singbridge.com
Sara-Jean Yip
Manager, Communications
JTC
DID: (65) 6833 3062
Mobile: (65) 9117 1531
Email: sara-jean_yip@jtc.gov.sg
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