{"id":12869,"date":"2018-01-25T11:52:01","date_gmt":"2018-01-25T03:52:01","guid":{"rendered":"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/?p=12869"},"modified":"2018-01-25T11:52:01","modified_gmt":"2018-01-25T03:52:01","slug":"singapore-will-silicon-valley-punggol-2023","status":"publish","type":"post","link":"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/singapore-will-silicon-valley-punggol-2023\/","title":{"rendered":"Singapore Set To Have Its Own \u201cSilicon Valley\u201d In Punggol"},"content":{"rendered":"<p>Situated on the Tanjong Punggol peninsula in the North-Eastern region of Singapore, Punggol is a planning area developed under the new town model in Singapore.<\/p>\n<div id=\"attachment_12870\" style=\"width: 856px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12870\" class=\"wp-image-12870\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/NP_20180122_PUNGGOL22-HG6_1696142.jpg\" alt=\"\" width=\"846\" height=\"563\" srcset=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/NP_20180122_PUNGGOL22-HG6_1696142.jpg 846w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/NP_20180122_PUNGGOL22-HG6_1696142-480x320.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 846px, 100vw\" \/><p id=\"caption-attachment-12870\" class=\"wp-caption-text\"><a href=\"http:\/\/www.tnp.sg\/news\/singapore\/punggol-north-could-be-mini-silicon-valley\">Source<\/a><\/p><\/div>\n<p>Despite consistent renovations and considerable transformation, Punggol has not been popular among Singaporeans. However, this is going to change very soon.<\/p>\n<h2><strong>Enterprise And Digital District<\/strong><\/h2>\n<p>During a recent press conference, Deputy Prime Minister of Singapore\u00a0Teo Chee Hean announced the re-development of Punggol into a &#8220;Digital District&#8221;.<\/p>\n<p>According to the master plan, the&#8221;Punggol Digital District&#8221; will be spread across an area of approximately 50 hectares.<\/p>\n<div id=\"attachment_12873\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12873\" class=\"wp-image-12873 size-full\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/DApGKnjXcAAu5p8.jpg\" alt=\"\" width=\"1200\" height=\"900\" srcset=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/DApGKnjXcAAu5p8.jpg 1200w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/DApGKnjXcAAu5p8-980x735.jpg 980w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/DApGKnjXcAAu5p8-480x360.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1200px, 100vw\" \/><p id=\"caption-attachment-12873\" class=\"wp-caption-text\"><a href=\"https:\/\/twitter.com\/imdasg\/status\/867583051475189761\">Source<\/a><\/p><\/div>\n<p>Authorities have revealed that they have come up with this pilot project to convert Punggol into an &#8220;Enterprise District&#8221;. They are open to trying this model for other areas of the country as well.<\/p>\n<h2><strong>28,000 New Tech-Jobs<\/strong><\/h2>\n<p>If everything goes as planned, Singapore could get its very own &#8220;Silicon Valley&#8221;. A new and revamped Punggol may open up new opportunities for people. It is said that more than 28,000 tech jobs are set to be created in this area.<\/p>\n<div id=\"attachment_12871\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12871\" class=\"wp-image-12871 size-large\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/SINGAPORE-LANDSCAPE-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" \/><p id=\"caption-attachment-12871\" class=\"wp-caption-text\"><a href=\"http:\/\/www.unscrambled.sg\/2017\/03\/23\/singapore-overtakes-silicon-valley-as-no-1-for-global-start-up-talent-but-dont-cheer-yet\/\">Source<\/a><\/p><\/div>\n<p>Singapore has already established itself as the global financial hub. In recent times, tech giants have come upfront about how they think Singapore to be the next hub for technology.<\/p>\n<p>The fact that our country is all set to get its own mini &#8220;Silicon valley&#8221; reassures that we may soon emerge as a Tech hub in the APAC region &#8211; and eventually in the world.<\/p>\n<p>This &#8220;Digital District&#8221; will be located in Punggol North. Interestingly, last year this part of the region was designated as an &#8220;enterprise district&#8221; by the National Development Minister Lawrence Wong.<\/p>\n<h2><strong>5 More Years\u00a0<\/strong><\/h2>\n<div id=\"attachment_12874\" style=\"width: 961px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12874\" class=\"wp-image-12874\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/teo2510e_2x.jpg\" alt=\"\" width=\"951\" height=\"635\" srcset=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/teo2510e_2x.jpg 951w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/teo2510e_2x-480x320.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 951px, 100vw\" \/><p id=\"caption-attachment-12874\" class=\"wp-caption-text\"><a href=\"http:\/\/www.straitstimes.com\/singapore\/deputy-prime-minister-teo-chee-hean-to-make-official-visit-to-china-from-oct-26-to-28\">Source<\/a><\/p><\/div>\n<p>Deputy Prime Minister Teo has assured that the development will most likely be completed in five years.<\/p>\n<blockquote><p><strong>&#8220;The &#8216;Punggol Digital District&#8217; project will also serve as a test bed for a slew of new features and planning practices.&#8221;<\/strong><\/p><\/blockquote>\n<p>He added that the government is also looking at the possibility of moving relevant agencies to the district, like the Cyber Security Agency of Singapore.<\/p>\n<h2><strong>A Sea Of Opportunities<\/strong><\/h2>\n<p>According to media reports, Singapore Institute of Technology&#8217;s new campus located in the district is all set to create better opportunities for students and faculty to exchange ideas with industry practitioners.<\/p>\n<div id=\"attachment_12875\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12875\" class=\"wp-image-12875 size-full\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/Singapore_Institute_of_Technology_logo.svg_.png\" alt=\"\" width=\"1200\" height=\"542\" srcset=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/Singapore_Institute_of_Technology_logo.svg_.png 1200w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/Singapore_Institute_of_Technology_logo.svg_-980x443.png 980w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/Singapore_Institute_of_Technology_logo.svg_-480x217.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1200px, 100vw\" \/><p id=\"caption-attachment-12875\" class=\"wp-caption-text\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Singapore_Institute_of_Technology\">Source<\/a><\/p><\/div>\n<p>JTC&#8217;s Assistant CEO David Tan said in an interview that an &#8220;exchange of spaces&#8221; will &#8220;foster open innovation and the sharing of ideas&#8221;.<\/p>\n<p>He further explained that despite SIT&#8217;s land being zoned for education and JTC&#8217;s park being dedicated for business, both institutions can conveniently use each other&#8217;s facilities for growth and development.<\/p>\n<p>The construction of business parks will commence this year itself. These sites will be home to offices of Multinational Corporations (MNCs), Small &amp; Medium Enterprises (SMEs), budding startups, and technology-based companies.<\/p>\n<p>According to SIT President Professor Tan Thiam Soon, the university will function as a &#8220;living lab&#8221; for these companies. To explain the dynamics better, Professor Tan cited SIT&#8217;s\u00a0partnership\u00a0with the SP Group.<\/p>\n<h2><strong>Better Connectivity And Amenities<\/strong><\/h2>\n<p>With new gates for education and employment opening in this area, the residential amenities like childcare centers, hawkers and community clubs are also going to be upgraded in Punggol.<\/p>\n<p>Besides, connectivity to this part of the city will also improve with the upcoming\u00a0Punggol Coast MRT station.<\/p>\n<div id=\"attachment_12876\" style=\"width: 1264px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-12876\" class=\"wp-image-12876 size-full\" src=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/st_20170608_aznel08_3193796.jpg\" alt=\"\" width=\"1254\" height=\"1240\" srcset=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/st_20170608_aznel08_3193796.jpg 1254w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/st_20170608_aznel08_3193796-980x969.jpg 980w, https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/wp-content\/uploads\/2018\/01\/st_20170608_aznel08_3193796-480x475.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1254px, 100vw\" \/><p id=\"caption-attachment-12876\" class=\"wp-caption-text\"><a href=\"http:\/\/www.straitstimes.com\/singapore\/transport\/nel-extension-to-open-in-2023\">Source<\/a><\/p><\/div>\n<p>Centralized waste collection, cooling, and logistics systems are also in the pipeline. The opening of this all-new business, education and digital hub is likely to happen by the year 2023.<\/p>\n<p>This bustling hub will not only create opportunities for job aspirants but will also give Singapore yet another posh residential district. This plan will also contribute towards the Government&#8217;s focus on the generation of digital economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Situated on the Tanjong Punggol peninsula in the North-Eastern region of Singapore, Punggol is a planning area developed under the new town model in Singapore. Despite consistent renovations and considerable transformation, Punggol has not been popular among Singaporeans. However, this is going to change very soon. Enterprise And Digital District During a recent press conference, [&hellip;]<\/p>\n","protected":false},"author":200607,"featured_media":12882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[23],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Singapore Set To Have Its Own \u201cSilicon Valley\u201d In Punggol<\/title>\n<meta name=\"description\" content=\"This may all happen in 5 years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/server1.webstudio.com.sg\/~staging\/ypsg\/singapore-will-silicon-valley-punggol-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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