Odisha signs MoUs with Singaporean entities to partner in skilling, industrial developments
The Hindu
Odisha signs MoUs with Singapore for IT, skill development, sustainable energy, and more during President's visit.
Odisha signed eight memoranda of understanding with different Singaporean entities as Singapore President Tharman Shanmugaratnam embarked on a two-day visit to the State from Friday (January 17, 2025).
The MoUs pertaining to IT education, skill development, research and development in sustainable energy, consultancy services and development of production facility for green hydrogen and its derivatives were signed presence of Mr. Shanmugaratnam and Odisha Chief Minister Mohan Charan Majhi.
Singapore-based ITE Education Services (ITEES), a global consultancy agency, had entered into MoU with Odisha Skill Development and Technical Education (SD and TE) on extending cooperation in the field of technical and vocational education and training to further enhance skill development ecosystem and semiconductor industry in Odisha.
As per understanding, Nanyang Technological University, Singapore would collaborate with GRIDCO Limited, a State government undertaking, and Indian Institute of Technology, Bhubaneswar to advance research and development in sustainable energy technologies.
Similarly, MoU between Sembcorp and Odisha Industrial Infrastructure Development Corporation (IDCO) will explore feasibility for industrial park development in Odisha.
The Global Finance and Technology Network (GFTN) and Odisha government would set up an Insurtech Hub Global Capabilities Centre. It will help expand insurance penetration through using digital platforms and AI-driven models to offer affordable, customised insurance solutions to underserved rural populations, simplify access to insurance through mobile-first platforms, reduce barriers for small businesses to get insured and empower small and medium enterprises.
The MOUs signed between Surbana Jurong and two Odisha State agencies will help provide consultancy services for developments petrochemical and petroleum investment region and new city development plan near to State Capital Bhubaneswar. The activities are expected to be rolled out over the next 12 months.
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