The facility is the first of its kind in Asia and will be fully operational by October.
The facility would use graphene to develop new technologies for flexible and transparent electronics and new devices that do not yet exist in the market, using the latest scientific equipment.
Another area which scientists are looking at are stem cells. Researchers say that stem cells infused with graphene could produce artificial bones and even liver cells.
The material is very new, so we're still learning how to deal with that material, but the potential is enormous. That's why there's a big investment worldwide on graphene research. Many companies are talking about hundreds of millions of dollars," he said.
"But Singapore started very early, which means we're in a position to protect intellectual property and patents, and even spin-off companies and so on."
The transparent conductive coatings industry is touted to be worth US$55 billion by 2020.
The Graphene Research Centre was set up in 2010 and is currently involved in over S$100 million worth of projects.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks