Under the MOU, EDB and BOM will work with companies and “key partners” in both cities to collaborate in several areas. These areas include deeptech, which spans semiconductors, photonics, quantum and advanced manufacturing. It also includes artificial intelligence (AI), data science and cyber security under the digital pillar, as well as cleaner energy solutions including production, transport and storage solutions under the climate-neutral energy solutions pillar.
The Singapore Economic Development Board (EDB) has signed a memorandum of understanding (MOU) with the Netherlands’ Brabant Development Agency (BOM) to strengthen economic relations, states a joint release between both agencies on May 20.
The MOU will leverage Singapore’s position as a business hub in Asia to support European companies to grow and capture new opportunities globally, while Asian enterprises can tap on the Netherlands’ position as a gateway to Europe.
