During a trip led by the Mayor of Hamburg, Peter Tschentscher, Hamburg Invest and Enterprise Singapore have established a key joint workplan agreement. The focus of the agreement is on enhancing innovation and internationalisation, particularly in the areas of transport and logistics. This collaboration aims to strengthen economic ties between Hamburg and Singapore by facilitating annual business trips, meetings, sharing best practices, and engaging in joint innovation projects over a two-year period. The agreement involves more than 400 Hamburg-based companies, including Jungheinrich and Apoqlar, and aims to create new opportunities for businesses, networks, and innovation. The collaboration also extends to the maritime sector, with the Hamburg Port Authority, Busan Port Authority, and Ulsan Port Authority signing an agreement to reduce emissions and promote decarbonisation in their ports. This initiative aligns with Hamburg's goal of becoming a leading hydrogen center in Europe. Furthermore, the University of Hamburg and Nanyang Technological University have signed a 'Letter of Intent' to strengthen their collaboration, focusing on areas such as twin transformation, AI, and climate research. This partnership aims to promote direct exchange and cooperation in key academic areas across continental boundaries. The overall aim of these agreements is to enhance collaboration, sustainability, and innovation in Hamburg's business region.