Guangzhou's latest Knowledge City project will be "a progression" from two previous government-to-government projects between China and Singapore and benefit from them, its chief executive officer said on Monday.
The Guangzhou project is located on a 123-sq-km site about 35 km away from the center of Guangdong's provincial capital. Its master developer is a joint venture company, the Sino-Singapore Guangzhou Knowledge City Investment and Development Co Ltd, with a registered capital of 4 billion yuan ($625 million). The company is 50 percent owned Knowledge City Pte Ltd – under the Temasek Holdings-owned SingBridge International Singapore – and its other half owned by the Guangzhou Knowledge City Investment and Development Co Ltd, which is under the Guangzhou Development District. Full story
