Singapore, 6 May 2021 – Enterprise Singapore (ESG), Abu Dhabi Investment Office (ADIO) and IPI Singapore, a subsidiary of ESG, have launched an innovation call for solutions focused on advancing a smart city agenda. The innovation call aims to expand the economic cooperation between the two markets, by increasing collaboration, connecting innovation ecosystems and promoting the exchange of knowledge and expertise between both sides.
A total of six challenge statements have been shortlisted. This offers Singapore companies the opportunity to pitch, develop and test-bed their solutions with Abu Dhabi entities.
The innovation call provides a platform for companies to co-innovate and develop targeted solutions that may be considered for city-wide implementation in Abu Dhabi. ADIO has worked closely with Abu Dhabi entities Abu Dhabi National Oil Company (ADNOC), the Department of Municipalities and Transport (DMT) and Masdar to identify the six smart city challenge statements and commit to a pilot with the winning solution providers. Eligible companies will be able to receive funding support from ESG.
Tan Soon Kim, Assistant CEO of ESG said, “The smart city joint innovation call will deepen collaboration between Abu Dhabi and Singapore. Singapore companies with the capabilities and experience in smart solutions would be able to partner established entities in Abu Dhabi to co-create and pilot tech-enabled solutions for a range of urban challenges, including energy and water sustainability, transport efficiency and dense communities. As partners, we can work together to drive social transformation and enhance the lives of our citizens.”
Wong Lup Wai, CEO of IPI said, “We are glad to be part of this joint innovation call, together with participants of Singapore’s innovation ecosystem network such as the local trade associations. IPI is committed and looks forward to presenting solutions that could create more liveable and sustainable urban areas for the region.”
H.E. Dr Tariq Bin Hendi, Director General of ADIO, the Abu Dhabi government hub supporting private sector investment in the Emirate of Abu Dhabi, said, “Abu Dhabi is committed to continuing the already strong economic cooperation with Singapore and to advancing innovation for long-term, sustainable growth. The innovation call with Enterprise Singapore strengthens existing partnerships and bridges new collaboration opportunities between Abu Dhabi and Singapore. We look forward to uncovering viable solutions that are not only locally relevant but also exportable worldwide. This will contribute to the development of knowledge economies as well as smart cities in our regions and beyond.”
The innovation call is open for submissions from now until 29 July 2021. Interested companies can find out more about the about the challenge at https://adsjic.innovation-challenge.sg/.
– Construction+ Online
Source: ESG
