Sino-Singapore Nanjing Eco Hi-Tech Island Project was initiated by Ministry of Trade and Industry (MTI) of Singapore, International Enterprise (IE) Singapore, CPC Jiangsu Committee, Provincial Government of Jiangsu,CPC Nanjing Committee, and the Municipal Government of Nanjing. The JV Company, Sino Singapore Eco Hi-Tech Island Development Co., Ltd., is co-invested by Yanlord Land Pte. Ltd., Sembcorp Industrial Park Ltd. from Singapore, and State Assets Operation (Holding) Co., Ltd. of Jianye District, and Development and Construction Department of Hexi New Town of Nanjing. Both Singapore and Chinese shareholders are committed to building an Eco Hi-Tech Island on Jiangxinzhou Island in Nanjing.
The total registered capital of the project company is US$ 300 million, and with an initial capital injection of US$ 99 million. Development timeframe is expected to be more than 10 years, with a total investment amounting to RMB 100 billion.
The project will highlight “intelligence” in its development. To transform the Jiangxinzhou Island into a functional hub for research and development, intelligent and innovative industries and MNC headquarters, where the talents will be fused with international capital investment and generate high-end projects, advanced standards will be applied in the long-term development work and Singapore’s Experiences in urban planning ,environment protection and industrial park development will be adopted. Singapore Nanjing Eco Hi-Tech Island is envisioned to be a showcase of sustainable development, ecological civilization and social harmony, adding new impetus to Nanjing’s economic development and its growth into an Intelligent City.