Singapore land transport companies can capitalise on the need for better land transport management and public transport systems in regions with fast growing urban populations. Bank on Singapore’s strong reputation in land transport planning and management to expand your business overseas.
China’s massive Belt and Road Initiative aims to link up Asia, Africa and Europe over land through rail and road, and via sea routes from the South China Sea to the Indian Ocean and beyond.
Singapore companies can find opportunities in infrastructure development, whether in China, or in third-country collaborations. Aligning your projects with China’s national priorities is an important aspect to secure land transport related contracts from the Chinese Government.
Find out how your company can be a part of the Belt and Road Initiative.
The Chinese Government has made it a key priority to reduce pollution and congestion3. Nearly all Chinese cities have a blueprint for sustainable transport and logistics solutions. Your projects are likely to score well if it shows a strong sustainability factor. And if successfully implemented, your land transport solutions have potential for replication in other parts of China.
China is the world’s largest consumer of electric vehicles4. There is also a growing acceptance of using personal mobility devices for first and last mile travels. You can ride on these preferences when expanding your business to China.
China wants to shape the future of artificial intelligence (AI) and become the global AI innovation leader by 2030. For example, there are increasing interests in downstream applications for autonomous robots, such as for surveillance inspection and the delivery of goods. You can apply AI to land transport solutions to address market gaps in China.
Find out how AI is taking the lead in Chinese technology and how your company can benefit from it.
3: The 13th Five-Year Plan for Economic and Social Development of the People’s Republic of China (2016 to 2020)
4: “China's All In On Electric Vehicles: Here's How That Will Accelerate Sales In Other Nations”, Forbes, 30 May 2018.