Singapore fosters quantum computing investments with two new programs
Economy

Singapore fosters quantum computing investments with two new programs

Singapore is raising its investments in quantum computing with the introduction of two new programs targeted at improving talent development and providing greater access to the growing technology.

A statement released by Deputy Prime Minister Heng Swee Keat on Tuesday (May 31) declared the launch of the National Quantum Computing Hub, which will pick up knowledge, skill, and resources from the Centre for Quantum Technologies, the National Quantum Fabless Foundry, and other institutions.

The parts and materials needed to make quantum computers and devices will be developed by the Foundry. The hub will host the first quantum computer created by Singapore and allow access and direct testing to companies and government agencies that will reduce lead time and lag.

Mr. Heng stated in his opening address at the second Asia Tech x Singapore (ATxSG) summit that the investment in quantum computing and quantum engineering is in a way an approach to foresee the future and shaping the future of their dreams.

With the help of the new hub, users in companies or government institutions will become more quantum-literate and understand the potentials and restrictions of quantum computing technology. Building a quantum computer will also help Singapore understand the problems that come along with making and maintaining quantum computers.