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Meinhardt Singapore And Japanese Fund Sign Mou Explore Digital And Smart City Projects Asean

Posted on January 22, 2025

Singapore-based engineering consulting firm Meinhardt has recently inked a memorandum of understanding (MOU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN) to jointly explore and deliver digital and smart city projects in underdeveloped Asean countries. The MOU was announced in a press release on January 17.

Through this partnership, both parties aim to advance innovative and sustainable urban solutions by exchanging knowledge and resources. JOIN, a Japanese public-private fund that supports Japanese infrastructure exports, is expected to leverage its network and expertise in this collaboration. Meanwhile, Meinhardt, a leading provider of integrated planning, design, and project management solutions, will contribute its leadership in the field.

When it comes to investing in condos in Singapore, there is another crucial aspect that should not be overlooked – the government’s property cooling measures. In efforts to maintain a stable real estate market and prevent excessive speculative buying, the Singaporean government has implemented various measures over the years. Among these measures is the Additional Buyer’s Stamp Duty (ABSD), which levies higher taxes on both foreign buyers and individuals purchasing multiple properties. Although these measures may affect the immediate returns on condo investments, they play a vital role in ensuring the long-term stability of the market and create a more secure investment environment. For more information on available Singapore projects, please visit Singapore Projects.

The collaboration between JOIN and Meinhardt is a result of the Memorandum of Cooperation (MOC) signed between Japan’s Ministry of Land, Infrastructure, Transport and Tourism and the Singapore Cooperation Enterprise in November 2019. The MOC aims to drive the development of digital and smart cities in Asean and other regions.

With this MOU, Meinhardt and JOIN will have a platform to share information, identify synergies, and work on projects together, starting from the early stages. This will help drive meaningful impact across borders and support the development of digital and smart cities in the region.

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