Over the years, Singapore has sustained a close relationship with Norway, overlapping in several domains. These countries plan to further their collaborative efforts in the fields of business, education and research, as revealed by President Tony Tan Keng Yam. Both nations are marked by their open economies, a parallel which has aided their partnership for years.
Currently, the most expansive community for Norwegian business in Asia resides in Singapore. A total of 400 Norwegian corporations have sprouted and developed in Singapore itself. As championed by President Yam, the prospect of Singapore-Norway business will hinge on two crucial variables: the Norway-Singapore Business Forum and the Norway-Asia Business Summit. These collaborations offer tremendous promise from an economic standpoint. However, Singapore and Norway align in more ways than their business related or educational goals suggest. Culturally and socially, they are both defined by remarkable work ethic, resilience, and perseverance as well.
This formidable link, between Singapore and Norway, has historical roots in the 1800s. Singapore has opened its waterways to Norwegian vessels since the 19th century. While physically distant, they have thrived in this mutually empowering relationship. In addition to furthering their business and economic affairs, they aspire to better their feats in education, pursuing new partnerships at key institutions in Singapore and Norway. Both Singapore and Norway coincide on a number of causes, goals and issues. And now, Singapore aspires to partake in the Arctic Council to voice their stance on relevant Norwegian issues.
On October 11, they finalized 10 agreements outlining educational collaboration opportunities. These agreements also spearheaded technology and renewable energy projects. These 10 collaborative agreements were officially signed at the Research Council of Norway, as a vital juncture in their ongoing business partnerships. These agreements provide a channel through which Singapore can tap into Norway’s specialized knowledge and expertise, to develop innovative, technological solutions
In particular, the National University of Singapore and making up a joint effort with the Foundation of Scientific and Industrial Research and the Norwegian Maritime Technology Research Institute. These three, pivotal institutions will spearhead the development of sizable, floating structures designed for storage and potential residential housing. The Land and Livability National Innovation Challenge Grant have endorsed this project. It is anticipated that these innovations will surface within the next ten years. The beauty of these innovations is their sustainability and durability, even in the presence of violent elements. These structures can endure in the face of powerful sea waves. Furthermore, this project will fortify the Singapore-Norway partnership.
These agreements equate to more than short-term economic developments. Rather, they offer a seamless and integrative pathway to future economic success for both nations. They will consolidate ties between these nations, fortify educational exchanges, and forge a platform on which Singaporean and Norwegian researchers can convene.
Both countries confer tremendous educational and economic value to one another. As the Singapore president expressed, they can glean inspiration from Norway’s early childhood education programs, as well as their marital and parenting practices. Geographical distance will not deter these nations from learning from one another and collaborating in key areas.