Keppel Corporation (Keppel) and the National University of Singapore (NUS) announced the founding of the Keppel-NUS Corporate Laboratory, in collaboration with the National Research Foundation (NRF), Prime Minister's Office, Singapore. The laboratory, which will be based at the NUS Faculty of Engineering, will be established with an investment amount of S$75 million. The launch of the Keppel-NUS Corporate Laboratory was graced by Deputy Prime Minister of Singapore, Teo Chee Hean, who is also Chairman of NRF. The Keppel-NUS Corporate Laboratory is the second laboratory to be established under the NRF's Corp Lab at University scheme, which is established to support Singapore's autonomous universities in their conduct of industry-relevant research with companies as partners.