New lab to help in creation, deployment of smart cities solutions

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CapitaLand, together with 30 industry partners, is committing up to $10 million in South-east Asia’s first industry-led laboratory to accelerate the development and deployment of smart cities solutions in Singapore and overseas.Called the Smart Urban Co-Innovation Lab, or Lab, it aims to provide a real-world development and test-bed centre at Singapore Science Park, as well as a platform for various players such as local tech start-ups and global corporate enterprises to co-create solutions for smart cities.

Opened yesterday by Mr S. Iswaran, Minister for Communications and Information and Minister-in-charge of Trade Relations, the Lab is designed to further enhance Singapore’s innovation ecosystem by focusing on close-to-market activities.

+INFO: The Straits Times

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