NAVIN SREGANTAN, The Business Times
Dr Beh Swan Gin, chairman of the Singapore Economic Development Board (EDB), with Isabelle Kocher, chief executive officer of ENGIE. PHOTO: ENGIE ASIA PACIFIC
Summary
FRENCH utility company Engie, a member of IDEA, will invest S$80 million in Singapore over the next five years to develop an innovation centre, and drive digital initiatives and technical competencies in energy efficiency for the region, it said on Thursday.
Its Centre of Expertise for District Cooling will support the development of new district cooling projects in Singapore and in the Asia-Pacific region, and create 170 jobs for skilled staff, most of whom will be engineers.
"Singapore's Smart Nation initiatives will provide Engie with an opportunity to test new solutions in real cases and to establish one of its main regional development platforms for district cooling systems," it said.
Engie's expansion here is supported by the Singapore Economic Development Board (EDB) and the Singapore centre will become its innovation hub for the Asia Pacific.
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