e-Government

Corenet

developed by novaCITYNETS

COnstruction and Real Estate NETwork (CORENET) is a national strategic initiative under Singapore’s IT2000 Master Plan to re-engineer the fragmented business processes of the industry to achieve a quantum leap in productivity, quality and turnaround time. Championed by the Ministry of National Development (MND) and spearheaded by the Building and Construction Authority (BCA), the CORENET programme involved almost 30 ministry departments, statutory boards and quasi-government organizations.

CORENET DELIVERS STRATEGIC COMPETITIVENESS

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80 percent reduction in total time to secure construction related permits/licenses

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73 percent reduction in number of application forms from 845 (physical) to 231 (electronic)

US$150 million per year in hard cost savings on operational expenses

US$ 1 billion per year estimated savings in investor risk and capital financing cost

World Bank Citation 2009 of CORENET as instrumental to Singapore’s No. 1 ranking in its Doing Business Survey

E-Government Excellence Distinguished Award 2013 for Shared Systems and Services bestowed by Singapore Ministry of Finance and Infocomm Development Authority of Singapore

SCOPE OF CORENET

Involving 16 Government Agencies from 9 different Ministries, CORENET leverages on IT to re-engineer the then-fragmented business processes of the real estate and construction industry and the associated regulatory authorities into a single unified Many Agencies, One Government platform, encompassing over 50 different types of permits and licenses in the areas of:

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If you are looking for professionalism mixed with guaranteed results and compliance with budgets and deadlines, you need to talk to us.