Eco-business park CleanTech One officially opens [News]
By Patrick John, Channel NewsAsia, 15 Aug 2013.
The move to grow the clean technology segment in Singapore got a boost on Thursday as an eco-business park, CleanTech One, was officially opened by JTC Corporation.
It is the first development in the larger CleanTech Park.
The new development is part of the government’s initiative to grow the clean technology (cleantech) segment.
CleanTech One gives companies the opportunity to develop and test their products prior to commercialisation.
Its proximity to Nanyang Technological University (NTU) also allow firms to gain access to the university’s research capabilities.
Minister for Trade and Industry, Lim Hng Kiang, said: “Companies will need to be supported by the right infrastructure and a conducive environment to interact, innovate and thrive… Cleantech Park was conceived to be the choice home for R&D and business activities involving cleantech and sustainable urban solutions.”
These benefits have attracted local SME Diamond Energy to relocate to CleanTech One about a year ago. An energy solutions company that specialises in renewable energy generation, Diamond Energy said the potential collaboration with research institutes and raised awareness of Cleantech were among the main reasons for the move.
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Source: Channel NewsAsia