Lever 1 · Updated 2026-05-03
🏗️ Lever 1 · Infrastructure
Data + Compute + Physical Infrastructure
Lever Definition
Build the compute and data layer companies cannot afford to build themselves
Take: The state turns the biggest fixed costs (compute + data) into public goods.
Projects
Foreign-Capital Compute (EDB)
Microsoft Data Center
EDB · S$5.5B
2024–2028 investment agreement, covering AI skilling and local infrastructure
AWS Data Center
EDB · S$12B
2024–2028 investment, expanding Singapore cloud infrastructure capacity
Google Data Center + AI
EDB · US$9B / ~S$11.6B
Includes a DeepMind lab on the ground
NVIDIA × SIT / Singtel / AI Accelerator
EDB · Multiple partnerships
NVIDIA has built a multi-institution AI acceleration network in Singapore
OpenAI APAC Regional HQ
EDB · Established
APAC HQ based in Singapore, deepening collaboration with AISG
Locally Subsidized Compute
Capital Platforms
Anchor Fund @ 65 Second Tranche
MOF · S$1.5B
Launched in 2026, an IPO anchor fund supporting local tech firm listings
Future Sectors Development Fund (FSDF)
MOF · S$1.5B
Launched in 2026, a development capital pool for emerging industries
EQDP Private Equity Fund Expansion
MOF · S$6.5B
Expanded allocation in 2026, drawing private capital into local tech investment
National Data Substrate
HEALIX
MOH / Synapxe · National health data + AI infrastructure
A national substrate that makes medical records consumable by AI
Virtual Singapore
URA · National digital twin
A digital mirror for urban planning and operations, paired with ePlanner 3D + Smart Planning Assistant
Punggol Digital District + Open Digital Platform
JTC · First fully smart district
Expected 30% energy reduction; a national-level smart district template