09 Jul 2024
by Economic Development Board Singapore (EDB)

In Singapore, MNCs and local enterprises are collaborating to innovate and grow in Asia

In Singapore, multinational corporations (MNCs) and local enterprises are collaborating to leverage each other's strengths for innovation and growth, enhancing supply chains, and improving sustainability.

Volvo and SC Auto have developed the first made-in-Singapore electric bus, significantly reducing carbon emissions, while Illumina and KPP Packaging streamlined packaging processes to cut costs and lead times. Additionally, Omron and Clemvision partnered to enhance industrial automation, offering advanced solutions like a 3D Vision System and an automated agriculture rack.