Engie have announced that they will invest 80 million Singaporean dollars into the infrastructure of Singapore in an exercise to promote the regional development of district cooling systems in Singapore. This investment will play a major role in setting up a center of expertise dedicated to energy efficiency and digital transition.
This initiative will enable Engie to support innovative projects in the district cooling sector in this country and in the Asia-Pacific region over the next five years. According to a statement made by the French multinational, the project will create 170 positions of qualified professionals, most of whom will be engineers.
In the statement, the group announced that through this project, it will be able to test new solutions in real cases. This will also enable it to deploy one of its regional development platforms dedicated to district cooling systems.
Isabelle Kocher, CEO of the group, announced that Singapore’s ambition to become a smart nation, and its leadership in the field of innovation and sustainable development, made the country a natural choice in the drive to continue to build and test Engie innovations.
It should be noted that this Engie expansion project is supported by the Singapore Economic Development Council (EDB) .The Singapore center will become its high-profile innovation center for Asia-Pacific.