
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.