"Singapore and Hamburg are ideal working partners on many levels," said Dr Rolf Strittmatter, Managing Director of Hamburg Invest. "Both city states have significant port and trade infrastructure and have positioned themselves as pioneers of innovation and sustainability. The agreement will further strengthen existing economic ties and create new opportunities for businesses, networks and innovation." He added: "The agreement will boost existing economic ties and create new opportunities for companies, networks and innovation." A two-year innovation and internationalisation strategy foresees annual business trips, meetings between the cities as well as sharing best practices and joint innovation projects.
Hamburg Invest and Enterprise Singapore have sealed a key, joint work plan agreement during a trip to South Korea and Singapore led by Peter Tschentscher, Mayor of Hamburg, a press release said Friday (September 27, 2024). The mayor was accompanied by a delegation including Dr Rolf Strittmatter, Managing Director of Hamburg Invest, who signed the agreement with his counterpart Tan Soon Kim, Deputy Managing Director of Enterprise Singapore. The agreement with emphasis on transport and logistics should boost innovation and internationalisation.
Two-year innovation and internationalisation strategy
Boosting Hamburg's position in Asia
More than 400 Hamburg-based companies including intralogistics provider Jungheinrich and the Apoqlar digital health start-up are party to the agreement. The City of Hamburg is also home to 25 Singaporean companies including Razer, a supplier of gaming equipment and Telemed C, which offers AI-based solutions for eye diseases. Hamburg and Singapore are global leaders in logistics and trade and their ports wield huge clout in terms of innovation, technology and sustainable urban development. Singapore, the world's second largest port, has implemented a new growth strategy for offshore wind and precision medicine. "The co-operation between Hamburg and Singapore’s economic development agencies will boost the global relations of companies in Hamburg and bolsters the city's position in Asia,” Tschentscher remarked.
HPA and Korean ports forge co-operation
The Hamburg Port Authority (HPA), Busan Port Authority (BPA) and Ulsan Port Authority (UPA) also signed an agreement on lowering emissions and decarbonising maritime transport in their respective gateway ports. "This agreement is an important step towards making ports and ships pioneers of the energy transition," said Jens Meier, CEO of HPA. Decarbonisation is about green ships, and making shipping a transporter of non-fossil fuels such as ammonia." The agreement also foresees improving infrastructure, the use and storage of climate-friendly shipping fuel, and advancing and making digitalisation standard. "This is a major contribution to the energy transition in the maritime industry and an important step on Hamburg's path to becoming a leading, European hydrogen centre," Tschentscher added.
Universities sign "Letter of Intent"
The University of Hamburg (UHH) and Nanyang Technological University (NTU) in Singapore have also signed a "Letter of Intent" on closer collaboration. Prof. Dr. Hauke Heekeren, President of UHH, remarked: “We are expanding our network in Asia and have a strong partner in NTU. It is now more important than ever to promote direct exchange in key areas such as twin transformation, AI, and climate research across continental boundaries.” The faculties of education at both UHH and NTU are presently developing co-operation in teacher training and international placements.
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