Some $800 million will be pumped into the transport sector over the next five years to strengthen Singapore’s position as a global transport and logistics hub.
Announcing the funding on July 7, Acting Transport Minister Jeffrey Siow said: “We will use these funds to back ideas that could completely transform how transport operates today.”
He cited examples such as a fully automated depot that allows for more efficient maintenance and repairs of trains, a smart port network and an AI-enabled air traffic management system that increases regional airspace capacity.
The minister was speaking during the debate on a motion moved by PAP MP Tin Pei Ling, who chairs the Government Parliamentary Committee for Transport.
In all, 24 MPs spoke and gave suggestions to improve Singapore’s position as a global transport hub. After more than six hours of debate, the House unanimously supported the motion.
The $800 million funding falls under the National Research Foundation’s Research, Innovation and Enterprise (RIE) 2030 plan. It will build on earlier research efforts that cut across the air, land and maritime sectors, said the Ministry of Transport (MOT).
About two-thirds of the funding, or $530 million, will go towards improving capabilities in two areas: autonomous systems and digital twins to improve connectivity.
A digital twin is a virtual model of a physical asset or system that uses real-time data to mirror its condition and performance, allowing it to be monitored, analysed and tested digitally.
MOT said the aim is to harness autonomous systems, artificial intelligence and robotics across the logistics network, port and airport to enable operations that are large-scale, safe and manpower-light.
-The Strait Times
Announcing the funding on July 7, Acting Transport Minister Jeffrey Siow said: “We will use these funds to back ideas that could completely transform how transport operates today.”
He cited examples such as a fully automated depot that allows for more efficient maintenance and repairs of trains, a smart port network and an AI-enabled air traffic management system that increases regional airspace capacity.
The minister was speaking during the debate on a motion moved by PAP MP Tin Pei Ling, who chairs the Government Parliamentary Committee for Transport.
In all, 24 MPs spoke and gave suggestions to improve Singapore’s position as a global transport hub. After more than six hours of debate, the House unanimously supported the motion.
The $800 million funding falls under the National Research Foundation’s Research, Innovation and Enterprise (RIE) 2030 plan. It will build on earlier research efforts that cut across the air, land and maritime sectors, said the Ministry of Transport (MOT).
About two-thirds of the funding, or $530 million, will go towards improving capabilities in two areas: autonomous systems and digital twins to improve connectivity.
A digital twin is a virtual model of a physical asset or system that uses real-time data to mirror its condition and performance, allowing it to be monitored, analysed and tested digitally.
MOT said the aim is to harness autonomous systems, artificial intelligence and robotics across the logistics network, port and airport to enable operations that are large-scale, safe and manpower-light.
-The Strait Times
