On 26 April, Singapore-based
company, Anacle Systems Limited (Anacle) together with its joint venture
partner, Enjoytown (Hangzhou) Holdings (Enjoytown; a real estate developer
in Zhejiang), signed an agreement with the Management Committee of Hangzhou Qianjiang
Century City. Under the agreement signed at the 13th
Singapore-Zhejiang Economic and Trade Council (SZETC) meeting, Anacle’s
smart city solution platform will be rolled out across ten towns during the
Anacle is a
Singapore-based firm providing enterprise property management software and smart
energy solutions to the real estate and utility sectors. It is accredited under
the Infocomm Media Development Authority’s (IMDA) Accreditation@SG
Digital programme. Launched
in July 2014, the programme seeks to help promising Singapore-based tech
product companies to win projects, grow and compete in the global market. Being
accredited opens up more opportunities for their products and solutions to be
showcased and commercialised. For buyers from the Government and large enterprises,
the accreditation process provides an independent third-party evaluation of the
companies’ claimed product core functionalities and ability to deliver.
In line with the One Belt One Road Initiative, which seeks
to enhance regional connectivity and economic growth, the Chinese Central
Government is focusing on urbanisation, infrastructure investment, innovation-
driven economic growth as well as environmental sustainability. Targets
outlined in the 13th Five-Year Plan, include an increase in urbanisation ratio
to 60% and the creation of 50 million jobs along with targets to cut carbon
density up to 45% by 2020, relative to 2015.
To meet the two seemingly conflicting targets of urban
population growth, and simultaneous reduction in carbon emissions, cities will
have to become smarter.
The smart city solution platform, designed by Anacle will
enable cities to operate and manage themselves seamlessly, from enforcing
security to ensuring power stability as well as maintaining and automating
services and infrastructure. The platform developed by Anacle- Enjoytown will tap
on the advanced communications infrastructure in Hangzhou and harness the power
of artificial intelligence and blockchain technology.
its Asia Pacific Research and Design (Anacle APAC R&D Centre) Centre at the
Singapore- China Entrepreneur Cooperation West Lake Dialogue.
Senior Minister of State for Trade and Industry Sim Ann
graced the event and officiated the unveiling ceremony. Mr Han Jie and Mr.
Huang Guo Jun from the Department of Commerce of Zhejiang Province and Hangzhou
Qianjiang Century City Committee respectively were some of the VIPs in
attendance at the West Lake Dialogue.
Based in Qianjiang Century City, the Anacle APAC R&D
Centre plans to hire 50 employees with plans to triple the staff strength by
next year. The Centre will focus on advanced technologies, such as Internet of
Things (IoT), digital twinning, edge computing and augmented reality (AR),
building a smart solution platform to meet the needs of citizens and solve
challenges faced by urban communities.
Fourteen agreements were signed
by Singapore companies at the SZETC last week, in the urban solutions,
e-commerce, wholesale trade and logistics sectors, including one between Anacle
and Enjoytown. These are in line with Zhejiang’s priorities in urban-rural
development reforms, industrial upgrading, trade liberalisation and e-commerce
to maintain its economic competitiveness.
“Trade and economic ties between Singapore and Zhejiang have
been growing steadily. The 14 project collaborations signed today are testament
to Singapore’s continued strong interest in the province. As a global maritime,
logistics and energy hub, Singapore and our companies are well-placed to
partner Chinese firms to contribute to the development of the China (Zhejiang)
Pilot Free Trade Zone. In addition, Singapore’s position as a key node along
the Belt and Road makes us an ideal partner for Zhejiang enterprises expanding
to Southeast Asia,” noted Ms. Sim Ann, Senior Minister of State for Trade and Industry