The Singapore Water Exchange is established to provide a conducive environment for water companies to operate and collaborate. Michael Toh, director for industry and technology collaboration department, PUB, shares with Water & Wastewater Asia how the workspace can support companies’ growth.
Water is an existential challenge for Singapore. To address this challenge, PUB, Singapore’s National Water Agency, is always on a lookout for innovative solutions. Guided by its technology and smart roadmaps, PUB invests heavily in water R&D and works closely with the industry to implement and operationalise these solutions.
To push the frontiers of water innovation and facilitate more collaborations, PUB developed the Singapore Water Exchange (SgWX) in 2018. The SgWX is located within PUB’s WaterHub and houses an ecosystem of different companies in the water value chain. Currently, close to 30 companies from 10 different countries have anchored themselves at SgWX. They range from start-ups, small and medium enterprises (SMEs) to multinational corporations.
Networking opportunities at your doorstep
Being part of the SgWX community brings certain benefits. Firstly, it increases the opportunities for collaborative discussions on business opportunities as many of these companies are involved in regional projects. Secondly, for companies that are working on PUB projects, the close proximity with PUB’s operations departments improves project coordination.
Elaborating on the advantages, Michael Toh, director for industry and technology collaboration department, PUB, told Water & Wastewater Asia: “Companies look at how SgWX can bring their businesses to the next level. Hence, they look out for potential opportunities to meet like-minded neighbours in the same industry, meaningful activities that allow businesses to network and explore collaborations, as well as programmes to enhance their understanding of the markets they target. With reference projects in Singapore, they can further grow into adjacent sectors and other key markets of China, Middle East, India and South East Asia.”
The full article is published on the latest edition of Water & Wastewater Asia Jul/Aug 2021 issue. To continue reading the article, click here.