Abu Dhabi and Singapore expand bilateral cooperation with the launch of a smart city innovation call

Abu Dhabi Investment Office (ADIO), Enterprise Singapore (ESG) and IPI Singapore launch innovation call for smart city solutions

Abu Dhabi and Singapore expand bilateral cooperation with the launch of a smart city innovation call
  • Singaporean companies invited to submit solutions to ADNOC, Department of Municipalities and Transport and Masdar
  • Innovation call to expand economic cooperation between Abu Dhabi and Singapore 

Abu Dhabi, UAE: The Abu Dhabi Investment Office (ADIO), Enterprise Singapore (ESG) and IPI Singapore, a subsidiary of ESG, have jointly launched an innovation call to advance the smart city agenda. Eligible companies from Singapore are invited to submit solutions to address individual challenge statements outlined by Abu Dhabi entities.

Through this innovation call, Abu Dhabi and Singapore aim to accelerate smart city development to sustainably improve quality of life, operational efficiency and competitiveness. Singapore ranks first globally on the Institute for Management Development (IMD) Smart City Index 2020 while Abu Dhabi is the highest ranking in the Middle East. The innovation call will increase collaboration, connect innovation ecosystems and promote the exchange of knowledge and expertise between both sides.

H.E. Dr. Tariq Bin Hendi, Director General of ADIO, the 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 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 ADNOC, the Department of Municipalities and Transport (DMT) and Masdar to identify six smart city challenges and commit to a pilot with the winning solution providers. Eligible companies will be able to receive funding support from Enterprise Singapore.

Mr Tan Soon Kim, ESG Assistant Chief Executive Officer 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.”

Mr Wong Lup Wai, Chief Executive Officer 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.”

The innovation call is open for submissions from now until 29 July 2021. ADIO, ESG and IPI, will conduct a virtual challenge briefing on 10 June 2021 for interested companies to find out more about the challenges.

For more information, visit: https://adsjic.innovation-challenge.sg/ 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases