Real Estate - Chengdu Shi, Sichuan Sheng, China
Sino-Singapore (Chengdu) Innovation Park Development Co., Ltd. is a joint venture between Sichuan and Singapore and it is responsible for Singapore-Sichuan Hi-Tech Innovation Park's overall planning, construction and marketing. The investors are Chengdu Hi-Tech Investment Group Co., Ltd. and Singapore Sichuan Investment Holdings Pte Ltd (SSIH), each with a 50% shareholding. The shareholders of SSIH are Sembcorp Development Ltd and Singbridge Holdings Pte Ltd (a member of the Ascendas-Singbridge Group).The Singapore-Sichuan Hi-Tech Innovation Park (SSCIP) is the first-ever, iconic integrated urban development project jointly invested by Singapore and Sichuan (China). Located in the South Park of Chengdu Hi-Tech Industrial Development Zone (CDHT), SSCIP is also a flagship project in the National-level New Area - "Tianfu New Area". SSCIP is positioned to be a modern new town to serve innovation-driven enterprises, seamlessly integrating industry, ecology and culture elements. Tapping on the advanced industry development, master-planning & management experience in Singapore and the rich resources & strong industry capabilities in Chengdu, SSCIP enables international companies to enjoy the best of both worlds.The construction began on 8 May 2012. All infrastructure is expected to be completed in 2020. SSCIP consists of 7 independent yet complementary clusters, including SSCIP Heartbeat, a central park which consists of greenery and public amenities. Three roads in the SSCIP backbone road system - "the three horizontal and three vertical main roads" have already been successfully completed and are open to traffic. Global investment promotion is in progress, and a number of companies have already signed investment contracts to set up R&D centers, headquarters and commercial projects here.SSCIP will set the benchmark for high-end industrial-cum-residential clusters in Western China where talents from around the world congregate and flourish.
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