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News

GE invests SGD130 million to establish GE water & process technologies global R&D centre in singapore

AZDEL : 20 August, 2007  (Company News)
GE Water & Process Technologies, a unit of General Electric Company, will invest SGD 130 million over the next 10 years to establish a world-scale GE Water & Process Technologies Global R&D Centre in Singapore.
Comprising five Centres of Excellence, this R&D Centre will employ 100 top-tier researchers who will build up a full range of R&D capabilities and transform innovative concepts into products and solutions that will address real world demands.

Singapore as the Global Hydrohub

“Our decision to invest in Singapore is due to the strong commitment from the government in developing the water industry. This, coupled with the easy availability of skilled manpower and the strong enforcement of intellectual property rights regulations makes Singapore the ideal platform to launch this R&D centre,” said Mr. Jeff Garwood, President and CEO of GE Water & Process Technologies.

“Singapore has a long term water strategy by looking at ways to diversify water supply sources and to conserve demand. This approach is reflected in the Four National Taps Approach. The Singapore government is also committed to make Singapore a Global Hydrohub. At GE, we recognize this vision, we want to embrace it and we are committed to help Singapore achieve it. We’re investing in Singapore with a long term commitment to bring solutions to the globe to answer our customer needs,” Mr. Garwood added.

Mr. Teo Ming Kian, Chairman Economic Development Board, said, 'GE's decision to site the Global Water R&D Centre in Singapore marks a very significant milestone for the water industry here. Singapore has identified the water industry as a strategic growth area and our goal is to develop a vibrant eco-system with many water players, both foreign and local, establishing their bases here. This centre will contribute to developing Singapore as a global knowledge hub in water technology and firmly elevate Singapore's standing as a location for water companies in the world.'
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