Authorities have admitted that the education system in Laos requires urgent attention, with Lao students falling behind in Lao Language and mathematics at the primary school level.
Covid-19 Insurance Now a Requirement for Entry to Laos
Laos has extended its Covid-19 prevention measures and now requires travelers entering the country to purchase Covid insurance.
Hong Kong Productivity Council Theme of the Year 2021: “Make Smart Smarter”
- Smarter Era of Intelligent Manufacturing Launch Ceremony
- Witnesses New Milestone for Reindustrialisation in Hong Kong
HONG KONG SAR – Media OutReach – 26 February 2021 – The Hong Kong Productivity Council (HKPC) launches a series of activities in 2021 themed “Make Smart Smarter”. The campaign with “Smarter Era of Intelligent Manufacturing Launch Ceremony” was kicked off today, revolving around the theme of “reindustrialisation”.
The “Smarter Era of Intelligent Manufacturing Launch Ceremony” was officiated together by Dr David Chung, Under Secretary for Innovation and Technology, HKSAR Government (fourth from left); Mr Clemente Contestabile, Consul General of Italy in Hong Kong (third from right); Ms Rebecca Pun, Commissioner for Innovation and Technology, HKSAR Government (second from right); Dr Daniel Yip, Chairman of the Federation of Hong Kong Industries (third from left); Mr Roberto Leone, Managing Director of NiRoTech Limited (first from right); Mr Willy Lin, Chairman of HKPC (fourth from right); Mr Mohamed Butt, Executive Director of HKPC (second from left) and Mr Edmond Lai, Chief Digital Officer of HKPC (first from left).
Co-organised by the Federation of the Hong Kong Industries (FHKI), this spotlight event exhibited and introduced an excellent example of reindustrialisation whose research and development were undertaken by HKPC. Gaining support from the Innovation and Technology Bureau and funding support from the R&D Cash Rebate Scheme of the Innovation Technology Commission of the HKSAR Government, production has been successfully commenced in NiRoTech Limited (NiRoTech), a local intelligent security product manufacturer.
This smart production line, named the “OWL” intelligent production line, gives into full play the characteristics of an owl’s wisdom, piercing eyes, flexible body, soft neck (360o vision) and agile movement. These perfectly echo the key features of this intelligent production line which has high flexibility, excellent agility to cater for different production needs, stringent and precise production capacity, as well as non-stop operation. Five key “S.M.A.R.T” elements: Speed, Multi-function, Accuracy, Reliability and Traceability, can be seen in this production line offering edges of intelligence and efficiency enhancement.
In order to effectively respond to Hong Kong manufacturers’ demands on production space, the “OWL” production line adopts a U-shape compact layout design and incorporates the beauty of the “Industry 4.0” (i4.0) lean manufacturing “vision”, significantly reducing the factory area to meet the unique land constraints of Hong Kong. NiRoTech’s smart factory only occupies 10,000 square feet, saving 50% of the land. It is also equipped with 12 robots and large amount of customised intelligent automation systems and digital technologies. Compared with traditional manual production, the overall production capacity increases by 1.5 times.
Mr Willy Lin, Chairman of HKPC, and Dr Daniel Yip, Chairman of FHKI, were joined by Mr Clemente Contestabile, Consul General of Italy in Hong Kong; Dr David Chung, Under Secretary for Innovation and Technology, Ms Rebecca Pun, Commissioner for Innovation and Technology; Mr Roberto Leone, Managing Director of NiRoTech; as well as Mr Mohamed Butt, Executive Director of HKPC and Mr Edmond Lai, Chief Digital Officer of HKPC, for the launch of the ceremony.
In his welcoming address, Mr Willy Lin, Chairman of HKPC, said, “HKPC is committed to offering staunch support for Hong Kong SMEs in technology R&D and technical aspects, with the aim of creating value for the industrial development of enterprises with state-of-the-art technologies. The ‘OWL’ intelligent production line is an excellent example of applying innovative technologies that also fits perfectly with HKPC’s theme of this year ‘Make Smart Smarter’. As owl represents wisdom, by being smarter and using innovative technologies such as IoT, AI, big data, intelligent robots and smart production processes to unleash production opportunities of i4.0, it will certainly scale up productivity and contribute to successful reindustrialisation in Hong Kong, thus achieving the goal of ‘Make Smart Smarter'”.
He continued, “It is really encouraging to see this ‘reindustrialisation’ example witnessing the concerted efforts of the Government, industries, business chambers and HKPC to promote reindustrialisation in Hong Kong! HKPC sincerely urges various sectors to work together to accelerate reindustrialisation for the swift recovery of Hong Kong economy and to ensure the “Made-in-Hong Kong” brand to continue to shine bright in the international arena — Make Smart Smarter”.
Dr David Chung, Under Secretary for Innovation and Technology, said, “the Government has been actively promoting ‘reindustrialisation’ in recent years by providing support in infrastructure, finance, technology and talents in order to create new area of growth and great job opportunities which would help alleviate Hong Kong’s competitiveness. I wish to see more enterprises ‘Make Smart Smarter’, and make good use of these opportunities provided by I&T, as well as the support from the Government, to work and contribute together in turning Hong Kong into an international I&T hub”.
Dr Daniel Yip, Chairman of FHKI said, “This collaboration of HKPC and NiRoTech serves as a valuable reference for industrialists on how to integrate i4.0 into production lines to enhance efficiency, elevating their confidence to set up high value-added manufacturing facilities in Hong Kong. With comprehensive policy support and HKPC’s professional consultative service, FHKI believes that more Hong Kong manufacturers will join the force of ‘reindustrialisation’ by pursuing technological advancement and setting up smart manufacturing plants locally, taking the Hong Kong industries into a new era”.
The “OWL” intelligent production line integrates the smart adoption of advanced robots with machine vision, smart electrical and mechanical devices, laser processing and sensor technologies. Also, by incorporating AI, IoT, human machine interface, real-time data collection and data analytic technologies, it ensures the full automation and digitalisation of production, assembly and monitoring to achieve big data analytics. Apart from three technologies whose patents are soon to be applied, the project also assists NiRoTech’s business planning in exploring the emerging markets and grasping new opportunities.
Mr Roberto Leone, Managing Director of NiRoTech, said, “Mechatronic Manufacturing in Hong Kong: our strategy was clear from the start when we sought HKPC’s assistance for help to realise intelligent production. For some, this goal was still immature and very difficult to achieve, especially with Hong Kong being chosen as our operation hub. Today we can proudly say we have achieved it with the system in Hong Kong operating satisfactorily as schedule. Despite there are challenges as the COVID-19 pandemic was affecting all in 2020, the result is now vividly in front of us, and we can touch it. Yet this is only the first step of a long journey”.
For more details about “Make Smart Smarter”, please visit the dedicated website: https://smarter.hkpc.org/en/index.html
About Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through integrated advanced technologies and innovative service offerings to support Hong Kong enterprises. HKPC is the champion and expert in facilitating Hong Kong’s reindustrialisation empowered by i4.0 and e4.0 — focusing on R&D, IoT, big data analytics, AI and Robotic technology development, digital manufacturing, etc., to help enterprises and industries upgrade their business performance, lower operating costs, increase productivity and enhance competitiveness.
The Council is a trusted partner with comprehensive innovative solutions for Hong Kong industries and enterprises, enabling them to achieve resources and productivity utilisation, effectiveness and cost reduction, and enhanced competitiveness in both local and international marketplace. It offers SMEs and startups immediate and timely assistance in coping with the ever-changing business environment, accompanying them on their innovation and transformation journey.
In addition, HKPC partners and collaborates with local industries and enterprises to develop applied technology solutions for value creation. It also benefits a variety of sectors through product innovation and technology transfer, with commercialisation of multiple market-driven patents and technologies, bringing enormous opportunities abound for licensing and technology transfer, both locally and internationally.
For more information, please visit HKPC’s website: www.hkpc.org.
Laos Issues New Decree on Dam Management
Authorities announced on Thursday that the government of Laos has released new instructions for handling hydropower dams aimed at mitigating water shortages and floods.
Vivocom’s Group Game Changer – Multi-Billion Sand Project Secured
- Initial contract worth RM3.79 billion for three years
- Aspires to be a major industry player ‘with exponential growth prospects’
KUALA LUMPUR, MALAYSIA – Media OutReach – 26 February 2021 – In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad (‘Vivocom’) announced that V Development Group via one of its subsidiaries has secured a ‘massive win’ worth approximately USD934.7 million or the equivalent of RM3.79 billion.
Rain International Sdn Bhd (‘Rain International’) is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Company’s proposed acquisition of V Development Group had been recently approved by the relevant authorities.
Rain International is principally involved in the mineral trading and exportation business, supplying sand to its client mainly in Hong Kong and China for reclamation and construction works. The Company had recently signed a contract for the supply of marine sand for a minimum period of three years.
The contract is for the supply of sand to Zhen Hua Engineering Company Ltd-China Communications Construction Company Ltd-CCCC Dredging (Group) Company Ltd. (ZHEC-CCCC-CDC), a Joint Venture contractor appointed to undertake the main reclamation works for the Hong Kong International Airport Three Runway System Project.
Director Mr William Chan Ching-Kee said: “As the appointed agent for the ZHECC-CCCC-CDC Joint Venture, we are looking forward to the exportation of sand from Malaysia to our client in Hong Kong to commence without any further delay.”
Dato Seri Chia is optimistic that the contract would be extended for another two to three years and could potentially generate revenue of up to RM6 billion.
“The sand business is a major boost because it gives us tremendous visibility. The potential revenue is huge, recurring and highly scalable,” its jubilant CEO, Dato Seri Chia Kok Teong exclaimed.
“The potential for explosive growth in the sand business is real and tangible, and bodes well for the Group in the next few years.”
“We are starting with 3 years but the contract can easily be increased to 5 years and beyond, with higher tonnage shipped every 6 months. The exportation of sand will increase sharply over time,” he added.
Besides the reclamation works for the Hong Kong International Airport, the rapid pace of construction and reclamation works in China and Singapore also requires heavy demand for sand, which is a considerable boon to Malaysia.
“The market for sand export is extremely humongous and will fuel the Group’s rapid growth for the next several years. The RM3.79 billion Win is the first of many more to come.”
“I have in fact urged my team to secure up to RM10 billion worth of sand contracts by the end of 2021. This is part of our overall transformation strategy to become a multi billions conglomerate,” declared Dato Seri Chia.
“It is our core strategy to strengthen and diversify the Group’s revenues generation capabilities and capacities and not be too narrowly focussed.”
“Presently, we are already in negotiations for another RM2 to RM3 billion sand contract. Once finalised, we will make the relevant announcement as per Bursa Malaysia’s requirements,” Dato Seri Chia elaborated.
The sand would be procured from an approved permit holder to export sand overseas, and sourced from concession areas in Sandakan and Sungai Beluran in Sabah and throughout Malaysia.
“Even with this massive sand contract already secured, we will not be complacent. I have earlier promised to transform Vivocom into a behemoth Conglomerate and I will work non-stop to deliver on the promise,” Dato Seri assured.
Since Dato Seri Chia’s entry into Vivocom in January 2020 when its price was at 15 cents, the share has climbed sharply and last closed at RM1.06 on Thursday, 25th February 2021.
“I am very optimistic that Vivocom shares will continue to grow strongly and be worth a lot more than presently over time. I’m proud to say that we are no longer a penny stock,” he reflected.
“My team is totally committed to building Vivocom into a reputable and profitable public company, one with solid fundamentals, sustainable profits and healthy cashflows.”
“As a priority, we will work towards getting the Group elevated to the Main Board of Bursa Malaysia and be a dividends-paying company soonest possible,” quipped Dato Seri.
To show his commitment, Dato Seri Chia has undertaken a voluntary self–imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years. This will ensure the company’s long-term price stability and sustainability.
“We want a stable and strong share price so that the Company can use its shares with its high liquidity as a currency for M&A activities to fund and fast-track expansion and growth,” he explained.
“A strong share with high liquidity is a most valuable and prized asset. We will use it to buy Companies with game-changing and disruptive strategies. To look for the Next Big Thing.”
“The enormous followings in the Company are what is driving in tremendous liquidity and momentum giving our share price added impetus,” Dato Seri proudly asserts.
“We aspire to emulate Berkshire Hathaway strategy started over 40 years ago by Mr Warren Buffet. Mr Masayoshi Son built SoftBank Group of Japan along the same philosophy and Alphabet in US adopted similar strategies.”
“These three companies are presently amongst the most valuable and admired companies in the world. I have the same dream for Vivocom. I am determined to leave behind an enduring legacy for all our valued shareholders,” concluded Dato Seri Chia.
REPORT CARD: LXML Achieves A+
Today Lane Xang Minerals Limited (LXML) Sepon Mine again upheld the A+ Rating from the Ministry of Energy and Mines.
More Choice, More Variety for a New Lifestyle at 7-Eleven!
HONG KONG SAR – Media OutReach – 26 February 2021 – 7-Eleven has teamed up with Green Monday to launch a range of plant-based meals, including ready meals to go and classic dim sum dishes in over 700 stores, as well as over 30 items plant-based snacks and other items in 150 stores.
#7ElevenHK # 7Eleven 便利店 #GreenMonday #OmniEat # DeliverooHK # 生活素一點 # 食 Green 啲
Left: Alex Liu, Managing Director of 7-Eleven Hong Kong and Macau
Right: David Yeung, Founder of Green Monday
Alex Liu, Managing Director of 7-Eleven Hong Kong and Macau, said:
“More and more people are adopting a vegetarian lifestyle but finding tasty plant-based food conveniently and around the clock can still be a challenge. Our extensive store network and the fact we’re open 24 hours enables us to meet our customers’ needs and offer them plant-based options anytime, anywhere. With that in mind, we have teamed up with Green Monday to launch a new selection of plant-based ready meals that we are rolling out in over 700 stores. This range includes two exclusive OmniEat’s ready meals that are only available in 7-Eleven namely OmniPork Strip Spaghetti in Black Pepper Sauce and OmniPork Strip Rice Vermicelli with Sesame in Teriyaki Sauce. We are also launching two new OmniEat’s dim sum products, OmniEat Siu Mai and OmniEat Crystal Dumplings, simultaneously with Green Common. In addition, we are introducing a wider range of plant-based products in 150 stores, comprising of over 30 items including snacks, soups, oat drinks and more.
Alex added: “We are also adding plant-based options to our menu on Deliveroo. So now everyone can enjoy plant-based food quickly and easily, at home or at the office.”
David Yeung, Founder of Green Monday, said:
“As a pioneer of plant-based food in Asia, Green Monday has always been committed to promoting environmentally friendly, sustainable food and developing innovative plant-based products. We believe this partnership with 7-Eleven, Hong Kong’s largest convenience store chain, has an enormous impact on promoting a plant-based lifestyle and that the selection from Green Common, including ready meals, dim sum and snacks, gives 7-Eleven’s customers greater choice when it comes to quick and convenient plant-based options. We hope that the range, available at 7-Elevens citywide, enables busy Hongkongers to lead a green lifestyle conveniently, anytime and anywhere.”
More choice, more variety of plant-based meal solutions and drinks
The new ready meals from OmniEat are free from added preservatives and MSG. On sale exclusively at 7- Eleven are the brand-new reimagined cha chaan teng classics – OmniPork Strip Spaghetti in Black Pepper Sauce and OmniPork Strip Rice Vermicelli with Sesame in Teriyaki Sauce. In order to preserve their nutritional value, the ready meals are prepared using ultra-low “Flash Freezing” technology to retain the natural flavours and textures of the ingredients. They are ready to eat after just a few minutes in the microwave. The food containers are made from bagasse pulp, which is derived from sugar cane. Certified by the Australasian Bioplastics Association and TÜV AUSTRIA, they are biodegradable and home compostable, enabling you to reduce your carbon emissions but also enjoy your food conveniently and hassle-free.
In addition, OmniEat Siu Mai and OmniEat Crystal Dumplings are launching simultaneously in both 7-Eleven and Green Common so be one step ahead of the crowd and try them there first! Those who lead more health-conscious lifestyles will enjoy these plant-based versions of classic dim sum dishes as they are free from cholesterol and trans-fat.
Also available at 7-Eleven are Califia Farms Chocolate ／ Unsweetened Oat Drinks 200ml . These deliciously smooth plant-based milks come in handy, small sized bottles that can be conveniently consumed when you’re out and about.
Get your hands on an array of tasty plant-based products around the clock
A selection of OmniEat’s new ready meals and Califia Farms Chocolate ／ Unsweetened Oat Drinks 200ml can also be purchased on the 7-Eleven x Deliveroo food delivery platform#, so you can order online and enjoy whenever, wherever you wish. What’s more, you can also earn 3x yuu points* on the purchase of any OmniEat ready meals at 7-Eleven. So, head down to your nearest 7-Eleven or order from the comfort of your own home and kickstart your new lifestyle!
For more details, please refer to the below table:
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1. Exclusive to 7-Eleven – OmniPork Strip Spaghetti in Black Pepper Sauce / OmniPork Strip Rice Vermicelli with Sesame in Teriyaki Sauce 300g (Trial Price $28) Vegetarian and meat-eaters alike will love these reimagined dishes made with OmniPork Strip that taste just like meat and are high in protein, reassuringly low in saturated fat and cholesterol-free. |
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2. Launching with Green Common – OmniEat Siu Mai 90g / OmniEat Crystal Dumplings 120g (Trial Price $18) OmniEat Siu Mai are irresistibly juicy and consist of an OmniPork, shiitake mushroom and water chestnut filling encased in a handmade wrapper naturally coloured with turmeric. OmniEat Crystal Dumplings are packed with six different kinds of vegetables including mushrooms, sweetcorn and carrots as well as minced OmniPork, all wrapped in a soft and chewy, translucent skin.
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3. Plant-based beverages – Califia Farms Chocolate ／ Unsweetened Oat Drinks 200ml ($9.50) These dairy-free beverages are free from trans fats and cholesterol and come in handy conveniently-sized bottles. |
The above prices are valid from 24 Feb – 16 Mar 2021. Prices may change without prior notice. The product price at the store shall prevail .
#Prices may change without prior notice. All prices are subject to the Deliveroo app.
*Subject to terms and conditions. Please refer to the yuu app for details. To borrow or not to borrow? Borrow only if you can repay!
Appendix
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1. Plant-based soups — Green Common Lotus Root, Walnut & Chestnut Chinese Soup / Chayote, Fig, Black-Eyed Pea & Lily Bulb Chinese Soup / Quinoa, Burdock & Mixed Vegetable Chinese Congee ($40)
The savoury and fragrant Lotus Root, Walnut & Chestnut Chinese Soup is good for both the spleen and stomach. The Chayote, Fig, Black-Eyed Pea & Lily Bulb Chinese Soup is a cooling and nourishing tonic that can keep you hydrated during the summer months. The Quinoa, Burdock & Mixed Vegetable Chinese Congee contains the “five elements of vegetables” that can help improve both your metabolism and your immune system. |
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2. Plant-based instant rice porridge – Common Good Quinoa Turmeric Brown Rice Congee 350g ($65)
Each box contains 10 packs of brown rice congee. Just add hot water and enjoy! Turmeric contains curcumin that can increase two important enzymes within the liver, which help detox the body and guard against inflammation. A great choice for those wanting to lead a more active lifestyle. |
3. Plant-based cookies – Eat’s Better Earl Grey / Chocolate & Cinnamon Crackers 45g ($20)
These protein-rich crackers are made with whole wheat, soybeans and other plant-based ingredients. Oven-baked and not fried, they’re a tasty guilt-free snack — the perfect pairing with your favourite soy or plant milk. |
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4. Plant-based rice chips – Tavola Roasted Tomato Basil / Crushed Black Pepper Risotto Chips 84g ($42)
Made using gluten-free, vegan, oat-free and corn-free ingredients. These rice crackers are double-baked so are moreishly crunchy and delicious. |
5. Plant-based snacks – Simply 7 Kale Crisps (Dill Pickle) / Lentil Crisps (Jalapeno) / Quinoa Curls (Original) 70g-85g ($24)
Quinoa, lentils and kale are high in fibre, which helps keep your gut healthy. These snacks contain 40% less fat than conventional potato chips so are an ideal option for the more health-conscious among us. |
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6. Vegan nuts – East Bali Cashews Wild Harvested Sea Salt / Wild Harvested Cacao Cashew Nuts 35g ($22) These premium cashews are flavoured with natural sea salt and coconut oil and are free from additives. The manufacturer, East Bali Cashews, is one of the largest social enterprises in Bali, and its products directly help the economy and improve the livelihoods of local farmers.
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7. Plant-based crisps – Luke’s Organic White Truffle & Sea Salt Potato Chips 42g ($17)
These organic potato chips contain no trans fats and are gluten-free. Naturally flavoured with the unique and subtle aroma of white truffles, they make for an indulgently delectable snack. |
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8. Vegan chocolate snacks – Peakz Crunchy Chocolate Squares ( Salted Caramel / Chocolate / Hazelnut Chocolate ) 32g ($17) A high-fibre snack, these crunchy and nutritious wholegrain squares are dipped in dark Belgian chocolate and packed with B12 and iron. |
9. Vegan chocolate bites – Bite Society Vegan Non-Dairy Chocolate Balls (Chocolate / Salted Caramel) 100g ($27) Crispy light rice ball treats are covered in vegan chocolate, made with cocoa butter instead of milk. Vegetarians or those who are lactose- intolerant can snack on these crunchy morsels worry-free. |
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10. Plant-based snacks – Tempe King Tempe Chips (Paprika) 100g ($30)
Tempe is a traditional food originating in Indonesia, made by naturally fermenting soybeans. These snacks are seasoned with paprika, an aromatic yet mild spice. Everyone, even those who can’t take spicy food, will adore these tasty bites. |
11. Plant-based soups – Green Common Apricot Kernel, Lotus Seed, Bean Curd Stick & Coix Seed Chinese Soup*/ Porcini, Maitake Mushroom & Lily Bulb Chinese Soup*/ Hami Melon, Fresh Yam & Lotus Seed Chinese Soup* ($40) |
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12. Plant-based instant noodles — Vedan Suiyuan Tom Yum Soup Noodles ($18)/ Vegetarian Mapo Tofu Noodles ($15)/ Veggie Choice – Original Vegetable Flavour ($18)/ Tom Yum Soup Noodles 5pk ($35)
7-Eleven is the first retailer in town to launch this “Suiyuan” series of noodles, the recipes of which are based on the concept of the “five elements of vegetables”. This range of instant foods gives greater choice, variety and convenience to those wanting to adopt a more plant-based lifestyle. |
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13. Plant-based instant noodles – Vedan Sui Yuan Shitake Mushroom Flavoured Noodles ($18)/ Vegetarian Dry Noodles with Sesame and Tofu Curd Sauce 5pk ($35) / Vegetarian Dry Noodles with Toona and Soy Bean Sauce 5pk ($35) |
*This product is only available in Shop 4015-6, Level 4, Gateway Arcade, Harbour City, Tsim Sha Tsui, Kowloon.
The above prices are valid from 24 Feb – 16 Mar 2021. Prices may change without prior notice. The product price at the store shall prevail.
Green Future for The Self-Storage Industry: Extra Space Asia Goes The Extra Mile for Clean Energy with LYS Energy Group
Together with LYS Energy Group, Extra Space Asia advances its solar energy initiatives with two extra rooftop solar photovoltaic system installations in Singapore.
SINGAPORE – Media OutReach – 26 February 2021 – While adopting a sustainable business model has been a global hot topic for the past decade, the reality of climate change has propelled several considerable challenges. Self-storage, by and large, is known to be less energy-intensive and as compared to manufacturing plants, corporate offices, and retail buildings.
[Rooftop solar PV system, Extra Space Asia’s Ang Mo Kio facility]Picture credit: LYS Energy Group
As the Asian leader in the self-storage industry, Extra Space Asia offers customised, highly-secure private spaces adapted to the needs of customers. Together with the regional leader of renewable energy (RE) solutions LYS Energy Group (LYS), Extra Space Asia is committed to reducing its carbon emissions by integrating cleaner and greener energy into their business operations.
In 2016, ESA opted for the LYS end-to-end solar energy solution which comprises the installations of two solar photovoltaic (PV) systems atop of their Boon Keng and Kallang Way storage facilities in Singapore. Within three years, the two-rooftop solar energy PV systems have accumulatively decreased their daily conventional electricity consumption and reduced annual CO2 emissions by approximatively 249 tonnes. These two initiatives positioned Extra Space Asia to be the first self-storage company in Singapore to implement solar PV systems.
Leveraging on these achievements, Extra Space Asia will further drive their dedication to sustainability by extending the solar energy initiative to two additional facilities in Singapore this year — Extra Space Ang Mo Kio and Extra Space Eunos Link — alongside their trusted partner, LYS Energy Group. The two projects have been successfully commissioned, and they encompass a solar PV system installation on the metal roof of 322.53kWp at Ang Mo Kio and 407.16kWp at Eunos Link. While enabling Extra Space Asia to increase savings, these new milestones also serve to support the company’s aim to decrease their daily grid energy consumption and will be expected to offset an approximated 164 tonnes of CO2 in Ang Mo Kio and 207 tonnes of CO2 in Eunos Link annually for the next 20 years.
This repeated collaboration transcends the traditional transactional partnership, to a stronger, long-term collaboration to meet the common goal of a low-carbon future for Singapore.
“LYS Energy has shown their high level of expertise and execution that consistently met our Quality, Health, Environment and Safety standards of excellence. We are delighted to extend our RE partnership with them for two more sites in Singapore. This is part of our everyday efforts to reduce our carbon footprint and to support green energy.”
– Kenneth Worsdale | Chief Executive Officer of Extra Space Asia
“At LYS Energy Group, enabling the finest customer experience is our top priority, and part of our culture, we value building customer satisfaction through an excellent quality of service in everything we do. Our Group’s holistic approach to sustainability has granted us the praise of our customers appreciative of the relentless support and innovative solutions we tailored for them. Today we are pleased to bolster our partnership with a committed and forward-looking customer such as Extra Space Asia to extend our respective roles in the transition to a low-carbon energy path.”
– Lionel Steinitz | Chief Executive Officer of LYS Energy Group
About Extra Space Asia:
Extra Space Asia is the leading self-storage provider in the region. Headquartered in Singapore and led by Chief Executive Officer Mr. Kenneth Worsdale, Extra Space Asia offers storage facilities and services to individuals and businesses primarily in densely populated Asian cities, where real estate is scarce and costly. Today, Extra Space Asia has firmly established its place as the dominant self-storage operator in Asia with over 50 storage facilities, and 1.5 million square feet of space.
About LYS Energy Group:
LYS Energy Group (LYS) is the leading Singapore home-grown Solar Independent Power Producer (IPP) that builds, owns, and operates Solar PV Systems for Commercial, Industrial and Public sites in the Asia Pacific region. The company provides Asia’s trusted Renewable Energy platform offering hassle-free end-to-end clean energy solutions for businesses: from zero-capex solar energy (PPA), Renewable Energy Certificates (RECs), turnkey Engineering Procurement Construction (EPC) and Operations & Maintenance (O&M) services, to carbon emissions and energy management consulting. Without expending any resources, our customers can benefit from installing solar PV systems on their unused rooftops and site spaces, lower and predictable utility costs and strengthen their sustainability branding.
Since its incorporation, LYS has deployed over 50MWp of high-performance solar PV systems, with a pipeline of over 500MWp in Singapore and across the region in Vietnam, Indonesia, Malaysia, Thailand, and the Philippines.
LYS Energy aims at being a vector of the Energy Transition towards a more distributed, autonomous, and smart model. Incorporating distributed generating facilities, energy storage systems and smart grid, the company re-invents the energy industry towards a customer-centric prosumer era.
For more information: www.extraspaceasia.com.sg, www.lysenergy.com
