Singapore government invests S$1.73B in infocomm
Singapore government invests S$1.73B in infocomm
By Enterprise Innovation Editors | May 18, 2009
The Infocomm Development Authority of Singapore (IDA) announced the government’s plans of investing S$1.73 billion worth of new infocomm tenders during the Fiscal Year 2009 during the annual Industry Briefing on Business Opportunities for Infocomm in the Public Sector. Infocomm investment by the government remains high, as it remains an important part of the government’s ability to deliver quality public service. The infocomm industry has benefited from the government’s continuous investments where local companies were awarded a total of 67% of infocomm contracts, while multi-national companies garnered 33% -- a trend that has been consistent in the last four years.
During FY09, the government plans to invest about S$1.73 billion in more than 392 new infocomm projects. Some of these projects are Calls-for-Collaboration issued by IDA, while other key projects by other government agencies include the Standard ICT Operating Environment for Schools (SOE Schools) by the Ministry of Education; the Content and Documentation Management System by DSTA; and the BorderWatch System by the Ministry of Home Affairs (MHA).
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