Singapore is a highly developed city-state with a population of 5.5 million known for its stable economy, successful free market, and high per capita GDP. Innovation Norway in Singapore works to promote trade, research and development, and technology cooperation between Singapore and Norway. It assists Norwegian companies through the entire export and internationalization process by providing consultancy services, organizing joint promotional programs, and acting as a strategic advisor. Innovation Norway's main focus areas in Singapore include the maritime, oil and gas, energy and environment, healthcare, ICT, and science and technology sectors.
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
Innovation Norway SG Market Focus
1. Innovation Norway Singapore
About Singapore
Singapore is a city-state island country in South
East Asia with a total population of about 5.5
million. The country has a highly developed and
successful free-market, stable prices, and a per
capita GDP higher than most developed countries.
The World Bank has ranked Singapore as the best
place to do business. Singapore is placed highly in
international rankings with regards to education,
healthcare and economic competitiveness.
Innovation Norway in Singapore
In Singapore, we work with issues related to trade,
R/D and technology cooperation/promotion
between Singapore and Norway. The office
represents the Commercial Section of the Royal
Norwegian Embassy in the country.
Innovation Norway Singapore aims to assist:
Our Services
Innovation Norway provides consultancy services
to individual companies and organizes joint
promotional programs. We assist our customers
through the entire export and internationalization
process, acting as strategic advisor, door opener
and problems solver.
Important criteria for success in the
internationalization process include;
Selection of the correct market, time and
initiatives
Finding the correct partner and establishing
the correct network
Access to foreign expertise
Practical Assistance in international markets
Using the skills of our consultants, we offer
valuable knowledge that can help to identify and
achieve international ambitions.
Main Focus Areas
Singapore Maritime Industry is recognized as one
of the world's leading maritime centre for
shipping, maritime services, offshore and marine
engineering activities and remains as one of the
world's busiest ports
Singapore Oil & Gas Industry is described as 'the
undisputed oil hub in Asia'. Many well-established
petroleum business, are based in Singapore, owing to
the country's 'safe environment' and ideal trading
location.
The Energy and Environment sector is actively
exploring opportunities in promoting sustainable
growth for the energy industry. Singapore has plenty of
experience in developing innovative solutions.
Entrepreneurship will be the driver of Singapore's
economy. Singapore is the hub for innovation and
start-up and Asia's most entrepreneurial economy and
the best country to nurture start-ups.
Singapore Healthcare - with our favourable business
environment, proximity to Asia, strong talent base and
vibrant biomedical sciences ecosystem, Singapore is
the natural 'gateway' for companies to understand the
fragmented healthcare markets in Asia and to grow in
Asia.
ICT in Singapore has the 'Smart Nation' plan placing
information Technology at the heart of the
Government's strategy to improve economic
competitiveness. A National Cyber Security plan has
further secure Singapore's cyber environment and
develop the country as a trusted and robust infocomm
hub.
Science, Technology and Innovation – Singapore
position as a Knowledge Hub is growing stronger by
the activity from the collaboration between Maritime
Port Authority (MPA) and the Research Council of
Norway (RCN). In addition to involvement from R&D
institutes and universities, Innovation Norway also
invites industry partners to look for areas of interest
like ICT and Energy sector.
For more information, contact:
Innovation Norway Singapore
Torunn A Taralrud
Regional Director South & Southeast Asia
Mobile: +47 9515 5613 / +65 9647 7650
Email: totar@innovationnorway.no
www.innovationnorway.no/singapore