Morningwhistle.com, 12 Sep 2012Singapore Prime Minister Lee Hsien Loong said in an interview on Wednesday that Singapore will increase the presence of Singaporean companies in Sichuan through the newly announced Singapore-Sichuan Hi-Tech Innovation Park. Singapore and Sichuan have already invested 2.13 billion yuan in the park and plan to invest another 100 billion yuan and employ 120,000 people over the next seven years.
The project is being undertaken by the China-Singapore (Chengdu) Hi-Tech Innovation Park Company and will encompass an area of 10.34 square kilometers, with a focus on the outsourcing, IT, and digital new media industries. Construction began on May 8 of this year. Full story
