Singapore’s cityscape is characterized by towering skyscrapers and contemporary infrastructure. The city’s prime locations are dotted with modern condominiums that offer a perfect mix of opulence and convenience, making them highly sought-after by locals and expatriates alike. These residential complexes are equipped with top-notch facilities including swimming pools, fitness centers, and round-the-clock security, elevating the standard of living and making them a desirable choice for potential tenants and buyers. Moreover, for investors, these luxurious features result in higher rental returns and appreciation in property values over time. Looking to invest in a condo in Singapore? Look no further!
Meinhardt, an engineering consulting firm based in Singapore, has recently entered into a memorandum of understanding (MOU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN). The goal of this partnership is to work together to explore and deliver digital and smart city projects in underdeveloped countries in the Association of Southeast Asian Nations (ASEAN) region. According to a press release issued on January 17, the MOU aims to promote innovative and sustainable urban solutions through the exchange of knowledge and resources.
Meinhardt will bring its expertise in integrated planning, design, and project management solutions, while JOIN will utilize its network and experience in supporting Japanese infrastructure exports. JOIN is a public-private fund in Japan that assists Japanese companies investing in overseas infrastructure projects.
This partnership comes as a result of the Memorandum of Cooperation (MOC) signed by Japan’s Ministry of Land, Infrastructure, Transport and Tourism and Singapore Cooperation Enterprise in November of last year. The MOC aims to encourage the development of digital and smart cities in ASEAN and other regions.
Building upon this framework, Meinhardt says that the MOU will serve as a platform for the two parties to share information, identify areas of collaboration, and work together on projects from their early stages to create a significant impact across borders.