SINGAPORE - Singapore's newest hotel is not a swanky tall building downtown but a couple of repurposed shipping containers at JTC Corporation's start-up cluster, Launchpad @ one-north.
This innovative proposition is also a result of help from the Pro-Enterprise Panel under the Ministry of Trade and Industry , which collaborates with government agencies and businesses to streamline rules and regulations with the aim of reducing regulatory burden. Each 280 sq ft container has been turned into a fully air-conditioned one-bedroom suite with two queen sized-beds, a living room, dining room, full kitchen, bathroom and outdoor decks.The total cost of repurposing each container and connecting it to plumbing and electricity was around $70,000 to $110,000.
He added that the PEP and First Mover Framework help companies to break the problem of having no track record of testing their ideas when they look for business partners.
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