Singapore to invest $112m over 5 years on built environment research and innovation

Singapore is setting aside $112 million over the next five years as part of sustained investment in research and innovation that will shape how the city state builds, maintains and renews its built environment. The planned investment, under the National Research Foundation’s Research, Innovation and Enterprise (RIE) 2030, was announced by Minister for National Development Chee Hong Tat at the International Built Environment Week held at Marina Bay Sands on Wednesday (Sept 2).He also announced a refresh of Singapore’s green building certification scheme — BCA Green Mark version 7 — that will see a new energy rating that focuses on a building’s energy performance, and a new accreditation scheme for site supervision firms amid increasingly complex projects and the uptake in adoption of remote site supervision.At the heart of these initiatives is ensuring that technology and innovation can serve the evolving needs of the industry and work well with people and process, Chee said.