UOB announced in April 2023 that it would invest more than $500 million to build its new global technology and innovation centre in JTC’s 50ha PDD. Targeted to be completed by the end of 2026, UOB said then that the 300,000 sq ft centre would house around 3,000 staff.
United Overseas Bank (UOB) is “making steady progress” in its plan to jointly set up a Fintech Innovation Lab with the Singapore Institute of Technology (SIT) at the latter's campus in Punggol Digital District (PDD), say representatives.
The two parties aim to launch the lab in 2025, according to a joint statement by Bryan Lim, head of talent and development at UOB; and Bernard Nee, deputy president (industry and community) at SIT.
