, Singapore
209 views

TÜV SÜD to send 600 employees to new $100m regional HQ

The integrated office and lab facility will be located at the International Business Park.

Global product testing and certification provider TÜV SÜD has started the construction of its $100m integrated office and lab facility at the International Business Park (IBP). According to an announcement, this marks the company’s first major real estate investment outside of their German headquarters.

TÜV SÜD said that its 600 Singapore-based employees, including TÜV SÜD PSB and TÜV SÜD Digital Service Centre of Excellence (CoE), will relocate to this facility in 2020. TÜV SÜD operates in Singapore as TÜV SÜD PSB. It has an existing lab facility in Science Park One.

The 18,900 sqm hub will use technologies that are up to the Building and Construction Authority’s (BCA) green mark platinum standard.

Ishan Palit, member of the Board of Management at TÜV SÜD, said, “Our decision to further invest in Singapore demonstrates our confidence in this market and its aspirations for the future. Singapore is constantly innovating, and is always prepared to test new technologies and solutions to propel its Smart Nation vision.”

Economic Development Board of Singapore (EDB) managing director Chng Kai Fong said the group looks forward to deepening the partnership with TÜV SÜD, “as we seek to enhance Singapore’s position as a global business and innovation centre.”

TÜV SÜD has launched a Digital Service CoE in 2016 with the commitment to invest $40m into Smart Nation technology and talent development. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Saudi Arabia may set up crude oil storage in Singapore
The joint venture will commence in Jurong Island in the second half of 2027.
Sembcorp, Nxera partner to supply low-carbon energy to AI data centres
Partnership covers renewable and low-carbon energy for Nxera’s Singapore data centres.