Promoting opportunities in the Eco-City to Singapore companies

(| Updated : 2019-06-05

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Companies acquired knowledge and important network connections to explore business opportunities in the Eco-City. [Photo provided to]

Nearly 100 Singapore company representatives attended a roundtable session promoting the Sino-Singapore Tianjin Eco-City (Eco-City) project and business opportunities of the city's companies in Beijing on May 29.

An overview of the progress achieved by the Eco-City through the years was shared with the companies at the roundtable.

According to official statistics, the Eco-City is now home to 7,800 registered companies and institutions with a total registered capital of more than 290 billion yuan.

In the coming years, the Eco-City will put its focus on the development of the Central District, in a bid to form a new commercial and recreational hub with retail, office, entertainment, hotel and residential, community, creative and cultural spaces.

At the roundtable, key industries in the Eco-City were introduced, and also introduced were the comprehensive suite of assistance programmes offered by the Singapore and Chinese governments to encourage companies to use the Eco-City as a cost-competitive base to grow in Tianjin and the Beijing-Tianjin-Hebei economic circle.

Mr David Ong, the Vice Chairman of SingCham, said, "This roundtable is a good platform for Singapore companies to learn about the business opportunities in the Eco-City. Singcham supports this flagship bilateral project between Singapore and China, which provides a model for green and smart urbanization for cities in China and across the world. The Eco-City receives strong support from the public and private sectors of both countries, and is well-positioned to serve as a springboard for Singapore companies that wish to tap into the abundant economic opportunities in the Beijing-Tianjin-Hebei region."


Companies were introduced to the developments and opportunities in the Eco-City's upcoming Central District. [Photo provided to]

Mr Tay Lim Heng, CEO of SSTEC, said, "The Eco-City has progressed well in its first 10 years of development. As its master developer, SSTEC is excited to share how Singapore and Singapore-based companies can leverage on this Government-to-Government platform for their business growth in China. We are committed to supporting Singaporean companies, and serving as their first contact in the Eco-City and the Tianjin business ecosystem."

It is co-organised by the Sino-Singapore Tianjin Eco-City Investment and Development Co., Ltd. (SSTEC) and the Singapore Chamber of Commerce and Industry in China (SingCham) at the Embassy of the Republic of Singapore, and supported by the China-Singapore Tianjin Eco-City Administrative Committee (ECAC) and Enterprise Singapore (ESG).

Participants were also introduced to SSTEC's industry parks, such as the Eco-Business Park that offers office spaces and facilities to meet diverse business needs, and the Eco-Innovation Park that provides quality industrial spaces and development-ready land plots.

Representatives from companies in Singapore, who were in China to participate in the Overseas Market Workshop (Beijing-Tianjin) jointly organized by ESG and the Singapore Chinese Chamber of Commerce & Industry, were also in attendance.


Companies learnt about the Eco-City's  environment and policies through a presentation by the Eco-City Administrative Committee's Commerce Bureau.  [Photo provided to]

SSTEC is the master developer for the Sino-Singapore Tianjin Eco-City (the Eco-City). It is a 50/50 joint venture between the Chinese Consortium led by Tianjin TEDA Investment Holding Co., Ltd (Tianjin TEDA) and the Singapore Consortium led by the Keppel Group.

The Eco-City is a landmark bilateral project between China and Singapore with private-sector investment and development. Located in the Tianjin Binhai New Area (45 km away from Tianjin city centre), the 30-sq km Eco-City is envisioned to create a harmonious and sustainable community that meets the needs of an urbanizing China.

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