The use of local infrastructure currency bonds for the financing of greenfield projects in South-East Asia just got a leg up. This has come about through a tie-up, the first of its kind in the region, between infrastructure consulting firm Surbana Jurong and currency-swap facility Credit Guarantee & Investment Facility (CGIF); the agreement was inked on Wednesday at the Global Infrastructure Initiative, a meeting of leaders in infrastructure and capital projects. Click here to read more.
Surbana Jurong Pte Ltd has partnered China Highway Engineering Consulting Corporation to provide design and consultancy services for highway and municipal projects. Click here to read more.
Surbana Jurong is still on a mission to continue refining its “smart city in a box” city management technology system. Following two acquisitions in the last four months to boost its capabilities, the consultancy on Friday announced a tie-up with Microsoft to move the solution to the cloud. This will especially benefit clients in developing countries, it says. Click here to read more
A new acquisition by Temasek unit Surbana Jurong will boost its presence in the fast-growing security and surveillance sector. Surbana, an urban planning and infrastructure development consultancy, has acquired 100 per cent of Aetos Holdings, also a subsidiary of state investment firm Temasek Holdings. The deal was completed yesterday for an undisclosed amount. Click here to read more.
Getting a note from the boss every few weeks, extolling the virtue of pragmatism or sharing his observations on a Mount Fuji climb, is pretty rare for most employees but it has been a regular occurrence for two firms in Singapore. Click here to read more.
Singapore-based Surbana Jurong is acquiring Australia-based infrastructure consultancy firm SMEC, a company it has collaborated – and competed – with in the past. Click here to read more.
In August 2016, Surbana Jurong Group acquired SMEC Group for its complementary engineering strengths, expertise, talent pool and long-standing history of projects both in Australia and internationally. During the acquisition process, SMEC’s management advised Surbana Jurong Group that an investigation was underway into allegations of suspected instances of misconduct dating back to 2000, and provided Surbana Jurong Group with material relating to these allegations and to SMEC’s own independent investigation which Surbana Jurong Group and its external advisers carefully considered and evaluated. Surbana Jurong Group management considered that similarities of its corporate values and culture and SMEC’s, supported by SMEC’s consistent focus on improving its corporate governance framework, created a solid and transparent platform for a successful partnership.
From the monitoring of city traffic conditions, security, energy, efficiency to predicting lift breakdowns, mayors and city officials are finally able to do so through one integrated solutions platform. Click here to read more
Urban developer Surbana Jurong has acquired stakes in two companies in a bid to further expand its presence in Africa, where demand is high for affordable housing. Click here to read more
The newly merged entity of Surbana International Consultants and Jurong International Holdings aims to become one of the global big boys in infrastructural and urban development consultancy. Click here to read more
