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Sino-Singapore Tianjin Eco-City Accelerates Construction with Investment Projects Pouring in

Sino-Singapore Tianjin Eco-City Accelerates Construction with Investment Projects Pouring in

Write: Aide [2011-05-20]
The global first eco-city project being jointly built by China and Singapore in Tianjin not only speeds up construction in infrastructures but also attracts more and more investment over the 20 months since the construction.
On May 5, the project gained another major investment, and Malaysian property developer Suncity will invest RMB9b to establish Lohas Community .
Hitachi Corporation and Sino-Singapore Tianjin Eco-City Investment Development Corporation signed the MOU.
On that day, Tianjin ecological city and three Chinese-foreign companies signed three agreements of land use to attract more than RMB1b investment for the eco-city.
The eco-city is the second intergovernmental cooperation project between China and Singapore following Suzhou industrial park as well as the first intercountry eco-city by cooperative development in the world. Deputy director of the management committee of the Sino-Singapore Tianjin Eco-city Zhang Yanfa said that external investment is in an endless stream since the construction.
Statistics indicated that the registered enterprises in the eco-city currently reach 125 ones, with the registered capital of more than RMB10b.