ST Engineering and the Singapore Economic Development Board (EDB) signed a Memorandum of Understanding (MOU) for a strategic growth partnership to build new engines of growth by creating globally competitive industry ecosystems in Singapore. ST Engineering and EDB will work closely to identify and develop growth strategies for targeted industries, such as robotics, smart mobility and health tech. The partnership will expand EDB’s efforts to develop a cluster of global-ready companies in Singapore, with a world-class workforce that is future-ready and equipped with both breadth and depth in technology and engineering capabilities. It will also further deepen ST Engineering’s capabilities in technology and innovation and strengthen ST Engineering’s global leadership and workforce, in tandem with its global ambitions.
