SINGAPORE'S burgeoning clean technology industry is to boast a cutting-edge green business park that will help create 20,000 'green collar' jobs by 2030.
Plans for the 50 ha park in Nanyang Avenue, to be built in three phases for $52 million, were unveiled by industrial landlord JTC Corp and the Economic Development Board (EDB) on Thursday.
The park will feature green technologies such as stormwater recycling, solar power generation and buildings with the highest standards of environmental performance set in a lush green landscape.
The park will also serve as Singapore's first large-scale integrated development allowing firms to test-bed cleantech products and solutions - especially those catering to the tropics - before they are commercialised for the market.
JTC chief executive Manohar Khiatani said that infrastructure works on the park's first phase, spanning 17 ha, will begin in July. Due for completion by 2018, it will offer 425,000 sq m of built-up space.
The park is located next to the Nanyang Technological University (NTU), which will be the park's first tenant. When completed, the park will house some 20,000 workers on a site set to offer one million sq m of business space.
- The Straits Times
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