The incoming tenants largely hail from four sectors: cyber security, artificial intelligence and robotics, fintech, and smart living.which has invested $500 million in a 12-storey building in the business park.
Chief executive Lim Chinn said the company is on a growth track. It employs 30 staff now, but the figure is expected to grow to 80 by December and more than 200 by the end of 2025. Meanwhile, UOB plans to use its upcoming 300,000 sq ft tower block as its technology and innovation centre when it is ready by the second half of 2026.
Overall, most of the PDD’s buildings, which are meant for office and business park use, are expected to receive their temporary occupation permits between 2024 and 2025. Carparks will be shared between business park tenants and the Singapore Institute of Technology to reduce traffic density.