9 Singapore firms sign power and water agreements with Abu Dhabi
Nine local organisations have signed agreements to undertake power and water projects in Abu Dhabi.
The Middle Eastern city is the largest emirate in the United Arab Emirates (UAE).
The UAE has earmarked more than $200 billion to invest in smart utilities and renewable energy projects.
That is where the Singapore connection kicks in, with memorandums of understanding signed on Feb 20 and yesterday with the Abu Dhabi Department of Energy, a move facilitated by trade agency IE Singapore.
The nine bodies are: artificial intelligence incubator Addo AI; smart energy solutions provider Diamond Energy; wholesale electricity market operator Energy Market Company; engineering consultancy Meinhardt; national water agency PUB; the National University of Singapore; the Singapore Management University; energy firm SP Group; and tech company Zweec Analytics. - THE STRAITS TIMES