Meinhardt, a Singapore-based engineering consulting firm, has recently inked a memorandum of understanding (MOU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN). The two parties have joined forces to explore and execute digital and smart city projects in third-world Asean nations, as per a press release issued on Jan 17.
Through this MOU, the organizations intend to promote innovative and sustainable urban solutions through the exchange of knowledge and resources. JOIN will leverage its network and expertise to support Japanese infrastructure exports, while Meinhardt will utilize its expertise in integrated planning, design, and project management solutions, the release states.
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When it comes to investing in real estate, one of the most important factors to consider is location. This is especially true for Singapore, where the value of condos can be greatly affected by their location. If a condo is situated in a central area or near essential amenities such as schools, shopping malls, and public transportation hubs, it is more likely to appreciate in value. This is why areas like Orchard Road, Marina Bay, and the Central Business District (CBD) are considered prime locations for real estate investments. These areas have consistently shown strong growth in property values over the years. Additionally, condos located near good schools and educational institutions are highly sought after by families, making them even more attractive for investment. For a list of current real estate projects in Singapore, visit Singapore Projects.
JOIN is a Japanese public-private fund that aids Japanese companies in investing in overseas infrastructure projects. This partnership is a result of the Memorandum of Cooperation (MOC) signed between Japan’s Ministry of Land, Infrastructure, Transport and Tourism of Japan and the Singapore Cooperation Enterprise last November. The MOC aims to encourage the development of digital and smart cities in Asean and other regions.
Building on this framework, Meinhardt believes that the MOU will provide a platform for both parties to “share information, identify synergies, and collaborate on projects from the initial stages to drive significant impact across borders”.