SINGAPORE, Dec. 15, 2023 – The Ministry of Communications and Information (MCI) and Infocomm Media Development Authority (IMDA) announced the inking of eight Memorandums of Understanding (MOUs) with key partners from Shenzhen and launching of 14 new joint projects at the 4th Singapore–China (Shenzhen) Smart City Initiative (SCI) Joint Implementation Committee (JIC) meeting. On the sidelines, four companies signed MOUs committing to be the first batch to operate in the smart city demonstration zone. These new projects reflect the continued interest from enterprises on both sides to build on the good momentum of the SCI and seize new opportunities in the digital economy.
- 14 new joint projects were launched at the 4th Singapore–China (Shenzhen) Smart City Initiative (SCI) Joint Implementation Committee (JIC) meeting
- Eight MOUs and four projects dedicated to smart city development were signed on the sidelines of SCI
The 4th SCI JIC meeting was held in Shenzhen and co-chaired by Singapore Permanent Secretary for Communications and Information, Mr. Joseph Leong, and a representative from the Chinese government.
Mr Joseph Leong said, “Singapore and Shenzhen share many complementarities given our focus on harnessing digital technologies for the common good, and our openness to new ideas and talent. I am confident that the Smart City Initiative will continue to serve as an important platform to pursue collaboration in forward-looking areas.”
Strengthening Cooperation between Singapore and Shenzhen in Digital Innovation
The SCI was launched in 2019 to build stronger digital and business linkages between Singapore and Shenzhen. The initiative focuses on three core pillars for collaboration, namely: (i) digital connectivity, (ii) innovation and entrepreneurship, and (iii) talent exchange development. The SCI seeks to create opportunities for Singapore-based enterprises to tap the Chinese market in the Greater Bay Area, and for Chinese companies to enter the Southeast Asian markets through Singapore.
Eight MOUs were signed at the sidelines of the SCI JIC meeting to promote collaborations in a range of sectors including AI, innovation and talent exchange. The meeting also introduced 14 new joint projects in emerging areas such as AI and sustainability. Notable projects include the use of AI for logistics in e-commerce, green energy storage, smart rehabilitation care, and smart city solutions. To-date, a total of 43 projects have been initiated and 29 MOUs have been signed at SCI JIC meetings.
In addition to the MOUs and joint projects under SCI, the Singapore-Shenzhen Smart City Demonstration Zone is a joint initiative that serves as a testing ground for pioneering smart city technologies and solutions. Four new projects were established in the Demonstration Zone, focusing on new-generation information technology, digital economy, low-carbon solutions, and biomedicine. These projects aim to unlock innovative solutions and establish best practices in smart city technologies, and drive deeper collaborations between Singapore and Shenzhen companies through knowledge sharing and talent exchange.
Please refer to Annex A for the list of MOUs signed at the 4th SCI JIC Meeting and Annex B for the list of joint projects.
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SOURCE Infocomm Media Development Authority
