|Singapore Companies to Build Eco-City in China|
|by Tom McGregor||Wed, Jul 30, 2014, 10:17 PM|
BEIJING: Singapore companies are playing a vital role to construct a major Eco City in Tianjin, a port city near Beijing.
Channel NewsAsia reports that, "Singapore and Tianjin companies signed eight agreements for collaboration at the Sino-Singapore Tianjin Eco-City (SSTEC) on Wednesday (July 30), further strengthening the Republic’s position to support and leverage on Tianjin’s rapid economic growth."
Singapore's Minister for National Development Khaw Boon Wan is quoted as saying that, “We can expect demand for better logistics support to facilitate transportation of goods, and expansion of railways and highways... Workers will have to be trained to meet new industrial demands for higher skills. Above all, the emphasis on environment and green growth will mean more urban solutions to be implemented. These are traditional areas of strengths which Singapore companies can contribute to.”
According to Cannel NewsAsia, "The deals – part of the 10 signed on Wednesday at the Singapore-Tianjin Economic and Trade Council (STETC) meeting – include one by Keppel Offshore and Marine to set up a design and service outsourcing centre in SSTEC, where music company Ocean Butterflies has also agreed to set up its regional headquarters."
Singapore companies have already invested nearly $3 billion into Tianjin.
To read the entire article from Channel NewsAsia, link here:
|< Prev||Next >|