/ AECA Solutions Sets Up Singapore Base
AECA Solutions is now a part of Singapore’s Geospatial ecosystem with the establishment of AECA Technologies Pte. Ltd. in Singapore.
One of the reasons AECA has chosen Singapore as another site to base out of is that the country is at the epicenter of international business activity in the Asia Pacific region.
Location is pivotal. Malaysia and Singapore are at the center of an emerging market.
Economic forecasts predict that Southeast Asia is likely to remain one of the fastest-growing regions for years to come.
CEO of AECA Solutions, Tengku Erina Tengku Nasrudin spoke about the strategy behind AECA setting up office in Singapore, “Singapore is leading Geospatial initiatives in this region. We chose to build our presence here in Singapore as part of a larger strategic growth plan, and to make full use of the support by local agencies such as GeoWorks by Singapore Land Authority and Singapore Business Federation in line with their Smart Nation initiatives.”
In addition, Singapore is attracting global technology, talent and investment because of its safe and stable environment as well as a regulatory framework that is favourable to technology companies and entrepreneurs.
Based on the country ranking of the Geospatial Knowledge Infrastructure (GKI) Readiness Index 2022 by Geospatial World and the United Nations Statistics Division, Singapore is ranked number 8.
With AECA’s presence and participation in Singapore’s more advanced Geospatial arena, AECA aspires to contribute in boosting Malaysia’s ranks in terms of GKI readiness by taking advantage of the benefits of being a part of Asia’s most geospatial-ready country.