Gov't adds $30m funding to accelerate 5G commercialisation

The fund will also support solution providers and technology developers.

The Infocomm Media Development Authority (IMDA) has announced a new $30m fund to accelerate the adoption and commercialisation of 5G solutions in addressing sector challenges on enterprise level needs.

The fund will also support solution providers and technology developers commercialising 5G solutions in making 5G accessible to more companies.

“5G is a key enabler for Singapore’s digital future, and I am encouraged to see our 5G partnerships with industry demonstrating good results, such as through more efficient and reliable port operations, and good progress on the ongoing trials,” IMDA CEO Lew Chuen Hong.

IMDA has also recently supported seven 5G innovation use-cases in strategic areas such as cloud gaming, urban mobility, smart estates, industry 4.0, and maritime operations.