CHINA / Invest in Jiangsu
Singapore-suzhou Industrial Park
(jschina.com)
Updated: 2006-05-25 11:33
Suzhou 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.
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