Abu Dhabi Investment Office announces plan to accelerate smart city development to sustainably improve quality of life
Abu Dhabi and Singapore have announced plans to work together to advance the smart city agenda.
The Abu Dhabi Investment Office (ADIO), Enterprise Singapore (ESG) and IPI Singapore, a subsidiary of ESG, have jointly launched an innovation call under which eligible companies from Singapore are invited to submit solutions to address challenges outlined by Abu Dhabi entities.
Abu Dhabi and Singapore aim to accelerate smart city development to sustainably improve quality of life, operational efficiency and competitiveness, a statement said.
The tie-up comes as Singapore ranks first globally on the Institute for Management Development 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, the statement added.
Dr Tariq Bin Hendi (pictured below), director general of ADIO, the government hub supporting private sector investment in 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.
Tan Soon Kim, ESG assistant CEO 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.”
The innovation call is open for submissions until July 29. ADIO, ESG and IPI, will conduct a virtual challenge briefing on June 10 for interested companies to find out more about the challenges.
Source: https://www.arabianbusiness.com/technology/463283-abu-dhabi-singapore-to-collaborate-to-advance-smart-city-agenda