Daikin Participates in the Smart City Project in Singapore

Daikin Industries, Ltd. has recently agreed to provide a district cooling system for Tengah Town, a smart energy town project being promoted in Singapore by the Singaporean government. Investigation will soon begin toward the establishment of a joint venture company with the Singapore Power Group (“SP Group”) to realize a district cooling business. Daikin has been providing various products and services in Singapore for 50 years, and its high energy-saving air conditioners and far advanced systems were adopted for the project based on the technology and experience that the company has cultivated.