A Jan 17 press release has announced that Singapore-based engineering consulting firm Meinhardt has entered a memorandum of understanding (MOU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN). The partnership aims to jointly develop and implement digital and smart city initiatives in underdeveloped ASEAN countries.
The MOU is designed to facilitate the exchange of knowledge and resources between Meinhardt and JOIN as they work together to introduce sustainable urban solutions. JOIN will leverage its network and expertise to support Japanese infrastructure exports, while Meinhardt will contribute its leadership in integrated planning, design, and project management solutions.
JOIN, a public-private fund based in Japan, is dedicated to helping Japanese companies invest in overseas infrastructure projects. The collaboration with Meinhardt builds upon the Memorandum of Cooperation (MOC) signed between Japan’s Ministry of Land, Infrastructure, Transport and Tourism and Singapore Cooperation Enterprise in November 2020. The MOC aims to promote the development of digital and smart cities in ASEAN and other regions.
.
When purchasing a Singapore Condo, it is crucial to take into consideration the maintenance and management of the property. Unlike single-family homes, condos often come with maintenance fees that cover the maintenance of common areas and amenities. While these fees may increase the overall cost of ownership, they also guarantee that the property is well-maintained and maintains its value. To make investing in a condo even more passive, investors can opt to hire a property management company to handle the day-to-day tasks of managing their condo.
Meinhardt believes that the MOU will serve as a platform for both parties to share information, identify synergies, and collaborate on projects from the early stages, ultimately making a meaningful impact across borders.