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ST Engineering, URA to develop, sell urban-planning solution for cities
ST Engineering and the Urban Redevelopment Authority (URA) will collaborate to develop and commercialise a tech-based urban-planning solution for cities, ST Engineering said on Monday.
The solution will help facilitate more integrated planning, and address cities' needs in areas of macro land-use policy, physical planning, infrastructure monitoring and development control.
It consists of various tech tools and will be designed with an open-source technology stack. It can be customised to different cities' needs and help reduce costs, ST Engineering added.
The tools include ePlanner, a geospatial planning data analytics portal, Urban Systems Dashboard, a collaborative dashboard that helps with planning and monitoring infrastructure projects, and Gemma, a time-scale scenario planning and analysis tool.
The solution builds upon URA's existing suite of city-planning solutions that have been used for Singapore's development.
ST Engineering will enhance the tools and extend the solution for global deployment, the mainboard-listed company said.
Shares of ST Engineering, trading cum-dividend, were down S$0.27 or 7.2 per cent to S$3.46 as at 11.43am.