SINGAPORE: Singapore will invest S$800 million (US$619 million) in transport research over five years, more than doubling its previous outlay, as it aims to remain a global transport hub.
About two-thirds of the funding will go towards two priorities: autonomy and digital twins for connectivity. The rest will support sector-specific research in aviation, maritime and land transport.
The funding was announced under the National Research Foundation’s Research, Innovation and Enterprise (RIE) 2030 programme, and will support research led by the Ministry of Transport.
Acting Minister for Transport Jeffrey Siow announced the funding on Tuesday (Jul 7) during a motion on Singapore’s transport strategy, tabled by the Transport Government Parliamentary Committee and led by its chairperson Tin Pei Ling (PAP-Marine Parade-Braddell Heights).
In her speech, Ms Tin said Singapore needed to strengthen its long-term transport strategy to stay globally competitive.Â
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