Keppel Corporation subsidiary to develop smart IoT city in China (Singapore Business Review)
It will include a smart IoT industry park and liveable urban spaces in Xuelang Town.
Keppel Corporation’s subsidiary Keppel Urban Solutions signed a Memorandum of Understanding (MOU) with the Administrative Committee of Jiangsu Wuxi Economic Development Zone and marketing communications firm Envision Group to develop a smart Internet of Things (IoT) city in Taihu New City, Wuxi, China.
The development will also include a smart IoT industry park in Xuelang Town, the announcement revealed. They project in Xuelang Town aims to house high-technology industries in the IoT and artificial intelligence (AI) fields on top of connected and liveable urban spaces for the community.
“The intention is for the new smart IoT city to serve as an exemplary integrated urban development and industrial transformation model for the future digital economy and IoT era,” they said in a joint statement.
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