More funding for companies planning to venture into Tianjin Eco-City [News]

May 22, 2013 by  
Filed under News

By Yvonne Chan, Channel NewsAsia, 21 May 2013.

Close to 60 Singapore companies have taken part in the development of Tianjin Eco-City in north China, and invested S$1.06 billion to date in the past four and a half years.

This is according to the Sino-Singapore Tianjin Eco-City Investment and Development Company, master developer of the Tianjin Eco-City project.

Singapore companies planning to venture into the eco-city over the next few years will have more funding aid to look forward to.

The Tianjin Eco-City is a bilateral project between China and Singapore, with private sector investment and development. It is a 50/50 joint venture between a Chinese consortium led by the Tianjin TEDA investment holding company and a Singapore consortium led by Keppel Group.

There are now 900 registered companies and more than 3,000 residents at Tianjin Eco-City.

Companies in the eco-city need not necessarily be “green”.

Click here to read the full article.

Source: Channel NewsAsia

Related Posts

Add New Comment

Tell us what you're thinking.