investment firm Noralle has forged a strategic alliance with leading global technology corporations to pioneer AI-driven smart city solutions across Singapore and Southeast Asia. The multi-year initiative, backed by an initial $20 million investment pool, aims to tackle pressing urban challenges such as traffic congestion, energy inefficiency, and public service accessibility through cutting-edge artificial intelligence (AI) and Internet of Things (IoT) innovations.
Southeast Asia’s urban population is projected to grow by 100 million by 2030, with cities like Jakarta, Bangkok, and Ho Chi Minh City facing unprecedented strain on infrastructure. Singapore, a global leader in smart city innovation under its Smart Nation 2030 agenda, serves as the testing ground for scalable solutions that can be replicated across ASEAN.
Noralle’s partnership will focus on three pillars:
- AI-Powered Infrastructure: Predictive analytics tools to monitor and maintain bridges, roads, and utilities.
- Autonomous Mobility: Development of self-driving shuttles and drone-based delivery systems for dense urban areas.
- Citizen-Centric Services: AI chatbots and digital twins to streamline access to healthcare, education, and emergency response.
Phase 1 Projects
- Deployment of AI sensors across 500 public housing blocks, reducing energy waste by 30% through real-time HVAC optimization.
- Automation of port operations in Jakarta using computer vision, cutting cargo processing times by 40%.
“Cities are the engines of economic growth, but they’re also where climate and inequality challenges converge,” said Apsara Yeoh, COO of Noralle. “By integrating Australian capital, global tech expertise, and Southeast Asia’s dynamic startup ecosystem, we’re building a playbook for sustainable urbanization.”
The ASEAN smart city market is forecasted to exceed 1 trillion by 2030. Noralle’s initiative aligns with Singapore’s recent 50 million commitment to AI governance research and Vietnam’s ambition to develop 30 smart cities by 2025.
About Noralle
Noralle is an Australian investment firm headquartered in Queensland, specializing in technology-driven opportunities across the Asia-Pacific region and ESG-aligned strategies.
The firm empowers individuals and businesses through diversified portfolios spanning smart cities, renewable energy, blockchain infrastructure, real estate, and digital assets. Known for its transparency and client-centric approach, Noralle leverages cutting-edge fintech tools to democratize access to high-growth markets while prioritizing climate-conscious investments.
With a seasoned team of advisors and a track record of balancing financial resilience with societal impact, Noralle has become a trusted partner for tailored solutions in Southeast Asia’s evolving tech and sustainability landscapes.
Media Contact:
Sophia Tan, Head of Communications
sophia.tan@noralle.com
