Singapore, 14 September 2020 — International property group Lendlease announced that it will set up a S$40 million product development centre in Singapore, with the support of the Singapore Economic Development Board (EDB), to accelerate the digital transformation of the property and construction sector.
Slated to open by October 2020, the centre will employ 50 technology software application development talents in the first year and will continue to expand the team in the next few years. At least one in five will be aspiring graduates who are keen to be part of the industry’s transformation. Lendlease’s digital arm will seek out top local tech talents, including Singapore citizens and permanent residents.
Tony Lombardo, CEO Asia of Lendlease, commented, “We are very excited to have the support of EDB to propel the built environment sector’s transition to the digital economy and position Singapore as a global innovation hub that leads the market in automating the creation of tomorrow’s smart buildings.”
With a long history of innovating and understanding issues faced by the industry, Lendlease is now accelerating to Industry 4.0, with a focus on delivering and enabling transformation through digitalisation.
Dawn Lim, Vice President and Head of Commercial and Professional Services, EDB, said, “The Product Development Centre by Lendlease will add exciting digital capability to the built environment ecosystem. This will create new jobs in the built environment sector that a wide range of talent, from seasoned professionals to new entrants of the workforce, can aspire towards. We look forward to working with Lendlease, and other like-minded companies, to further drive transformation and productivity within the built environment industry.”
Harnessing over 60 years of its integrated experience in property development, construction and investment, Lendlease’s significant investment underlines its commitment to shaping and growing its digital business with the aim of steering the digitalisation of the built environment sector towards autonomous buildings of the future.
– Construction+ Online