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New Singapore partnership creates opportunities for innovation

6 May 2016

Today’s announcement by Prime Minister Malcolm Turnbull of the Comprehensive Strategic Partnership with Singapore will strengthen the relationship between the two countries, growing our scientific and innovation collaboration, as well as building defence and trade links.

The Minister for Industry, Innovation and Science, the Hon Christopher Pyne MP, said the partnership would cement efforts by both countries to work together to achieve common goals through research and development (R&D) cooperation, sharing of R&D facilities and business to business research. 

“This new partnership includes a strong focus on innovation, as well as the scientific projects that assist both countries, and will have important impacts by contributing to prosperity in the Asia-Pacific region,” Mr Pyne said.

“In particular, greater collaboration between agencies like CSIRO and A*STAR, Singapore’s leading research organisation, will make an important contribution to the success of the Australian Government’s National Innovation and Science Agenda, and drive economic growth and jobs for Australia.

“Australia will locate one of its five start-up landing pads in Singapore with a commitment to work in tandem on innovation and entrepreneurship to see emerging market-ready technology companies from Australia gain a foothold in Singapore and the wider Asian market.

“I look forward to seeing the tangible outcomes that will come as we work on developing the partnership through the Joint Strategic Dialogue on Science and Innovation planned for later in the year.”

More information on the Comprehensive Strategic Partnership can be found at http://www.pm.gov.au/.

Media contact: Mr Pyne's office 02 6277 7070, pynemedia [at] industry.gov.au
Department media: media [at] industry.gov.au