The training solutions provider TUV SUD inaugurates S$100 million regional hub in Singapore. Reasserting the company’s commitment to partner the city state in its next stage of growth.
The company represents its position as a market leader in the ASEAN region and showcases the company’s commitment to digitalisation, sustainability and safety, it is also clubbing with key stakeholders on strategic initiatives that will support Singapore’s smart Nation agenda and the Singapore Green Plan 2030.
As the company being one of the founding members of SGTech’s newly-formed Digital Trust Committee, It will drive ground-up initiatives to position Singapore and the region on the global map for digital trust.
The Chief Operating Officer (COO) & Member of the Board of Management, Ishan Palit, said:
“The inauguration of our new regional hub and the strategic partnerships being forged are key milestones in TÜV SÜD’s legacy of supporting companies to achieve business excellence.
“Singapore is our chosen destination to further invest in digital technologies, given its pro- business environment, skilled talent pool and excellent digital infrastructure. We remain committed to partner Singapore and seize opportunities in emerging growth areas that will be critical in advancing the country’s sustainable goals and push to become a Smart Nation.”
The inauguration also marks 15 years since TÜV SÜD invested S$120 million to acquire PSB Corporation, a government statutory board, corporatised from the Singapore Productivity and Standards Board.
The Digital Trust Committee will rally the industry to establish standards and jointly create an industry-led working model that enables companies to implement corporate governance that allows for frictionless trade.
