Plans for the 50 hectare park, which will be built in three phases for S$52 million, were unveiled by the JTC Corporation and the Singapore’s Economic Development Board (EDB) late last month.
The JTC Corporation is the city-state’s lead agency in charge of planning, promoting and developing industrial facilities and infrastructure.
“As Singapore’s first eco-business park, CleanTech Park will be the choice location for forward-looking corporations that have embraced environmental sustainability as a means to differentiate their business and also as part of their corporate social responsibility,” the JTC and the EDB said in a joint press release.
“The CleanTech Park will house a working population of 20,000 when it is built by 2030.”
The park will house a core nucleus of cleantech activities to serve as an epi-centre for research, innovation and the commercialisation of clean technology in Singapore.
The city-state outlined plans for the park in its S$1billion Sustainable Blueprint for building a greener, more energy efficient and sustainable country.
“CleanTech Park will provide progressive investors with an attractive, eco-friendly R&D space as well as foster the clustering of like-minded companies in one location,” Dr Beh Swan Gin managing director of the EDB said.
“It (the park) will also promote the cross-fertilisation of knowledge and ideas to facilitate the development of clean technology solutions.”
Source: JTC Corporation, Singapore Economic Development Board
