A Singaporean subsidiary of Japan'sDaikin Industries Ltd. is partnering with SP Group to build the city-state's first large-scale residential centralized cooling system.
Daikin Airconditioning (Singapore) Pte. Ltd. announced Monday that it has signed a memorandum of understanding with the utilities giant to create the eco-friendly cooling system in the green-oriented town of Tengah.
Daikin said its collaboration with SP Group calls for introducing the system for about 22,000 Housing & Development Board apartments.
Daikin said it and its Singaporean partner plan to utilize collaborative opportunities in other Southeast Asian countries as well. (NNA/Kyodo)
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