Changi Airport and EDB to make tech push with SG$50million investment
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Changi Airport Group (CAG) and the Singapore Economic Development Board (EDB) have partnered up to launch a new programme worth SG$50 million to drive innovation over the next five years.Called the “Changi Airport Living Lab Programme”, the programme will see CAG collaborating with “innovation-drive” companies and start ups in order to develop and demonstrate the use of new technological solutions in a “live airport environment”.The programme is also created with the support of the Civil Aviation Authority of Singapore, and serves as a platform for CAG and other partners in the airport community. This includes government agencies, ground-handlers, concessionaires, security providers and cleaning companies, to name a few, to co-create, test and demonstrate new solutions to future proof the airport.According to CAG, the move comes amidst an increasingly complex operating environment where travellers’ needs are quickly evolving. Currently, there are more than 55 million passengers passing through Changi Airport each year, generating over SG$2 billion in concession sales.Some technology areas which will be focused on including automation and robotics, data analytics and the Internet of Things (IoT), non-intrusive security technologies and smart infrastructure management. This is in a bid to raise productivity, consumer analytics and strengthening safety and security standards.Start ups can also find an opportunity in the Living Lab Programme to collaborate with Changi Airport to develop and deploy their solutions. It also aims to give companies a head start in accessing new market opportunities and exporting their solutions internationally.“Building innovation today is critical to transforming our business and operations for the future. We look forward to partnering established companies and enterprising start-ups to develop cutting-edge technologies for the airport. Through our Living Lab collaborations, I believe that we can add value to our partners in helping them scale up their solutions for real-world applications,” Lee Seow Hiang (pictured second from left), CEO of CAG said.“We are pleased to partner Changi Airport Group on this new programme which will see them collaborate with industry players to develop and test next generation airport solutions. The Living Lab is aligned with EDB’s goals of fostering a vibrant eco-system of technology providers driving innovation and creating new businesses from Singapore,” Beh Swan Gin (pictured centre), EDB’s chairman, said.
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