Why we are doing it

Advancing technical innovation and supporting economic growth

Our investment in the new Lloyd's Register GTC in Singapore, coupled with the agreement with A*STAR, represents a shared vision to create a long-term centre of excellence for technology, innovation and research that will benefit Singapore, industry and society at large. It underlines our global commitment to understanding the sciences and technologies that help to ensure that people are safe and that essential assets perform as required.

Promoting innovation through research and development is absolutely fundamental to our public-benefit mandate.  Along with our GTC at the University of Southampton in the UK, the Singapore GTC serves as a cornerstone for our global research-and-development network, which includes 48 academic and technical institutions sponsored by The Lloyd's Register Foundation.