Surbana Jurong inks smart city and township MOUs at Singapore-Guangdong Collaboration Council meet

Smart lift monitoring agreement is part of Singapore-Guangdong Collaboration Council’s five-year plan

Surbana Jurong’s Smart City Solutions team has signed an extension of a smart lift monitoring project with Guangzhou Academy of Special Equipment Inspection (GZSEI) at the 9th Singapore-Guangdong Collaboration Council meeting on 24 August 2018.

The partnership is part of the Council’s five-year plan to support the Chinese province’s Smart City initiatives and focus on areas such as intellectual property protection. In China, the total number of lift installations and maintenance market size is estimated to reach 5.9 million units and S$9.7 billion respectively by 2020.This partnership between Surbana Jurong and GZSEI will help technology transformation and product service application as well as promote the development and application of elevator IoT platforms in China.”

This agreement is an extension to Smart City Solutions’ first lift monitoring project in Guangzhou city, where the team currently monitors and analyses up to 600 lifts in private estates and government buildings. In the next phase, the team will deploy these smart city solutions to escalators and elevators in Guangzhou Railway Station, Haizhu District and Zhongxin Guangzhou Knowledge City.

Surbana Jurong partners Ping An Trust to develop Industrial New Township projects in China

At the same occasion, Surbana Jurong signed MOUs with Ping An Trust to collaborate on the development of Industrial New Township projects in China, beginning with the Shenzhen International Bio-Valley Industrial Park.

The 31.9-sq-km Park, located in Shenzhen’s Dapeng New District, is slated to be a leading bio-tech innovation centre and industry cluster. Ping An Trust, a major integrated finance conglomerate in China known for its technology-powered financial services and investments capabilities, is a subsidiary of Ping An Insurance (Group).

Ping An Trust commented that “Shenzhen International Bio-Valley is one of the top 10 innovation platforms of the Guangzhou-Shenzhen Science and Technology Innovation Corridor, identified by the Guangdong Provincial Party Committee and the Provincial Government… Being able to leverage Surbana Jurong’s globally best-in-class planning vision and architectural design capabilities, Ping An Group could make an effort in the development of Shenzhen’s global competency in bio-technology industries”.