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Singapore-suzhou Industrial Park
(jschina.com)
Updated: 2006-05-25 11:33

Singapore-suzhou Industrial ParkSuzhou and Singapore industrial Park was established cooperatively by China and Singapore governments. It is a great project that will leap over the turning point of Centuries. China side is responsible for the administrative management of the park while the investment attraction and the exploitation of the park is being carried out by Singapore side. Suzhou and Singapore Industrial Park is going to be constructed as a high-standard industrial zone adapting to the international economic development.

Suzhou and Singapore Industrial Park will integrate with national conditions and use the experiences of Singapore in its economic development and administrative management. A development company jointly founded by China and Singapore financial group takes the responsibility of the land exploitation in this park. The exploitation area of the park in the first phase is 8 square km while the total land exploitation will be 70 square km, and the estimated total investment is US$ 20 billion. Suzhou and Singapore Park is a new model for China in its opening up to the outside world. It will offer entrepreneurs and investors from all over the world an investment environment with open policies and efficient management.