31 May '18, 2am

Self-sustaining 'future food city' likely to be off coast of Singapore

Oceanus Group Ltd has been in talks with Singapore government entities on the likelihood of the new self-sustainable Oceanus Aquapolis City being located there. Recently, Oceanus, Shaw Investment Holdings Pte Ltd and China Construction Seventh Engineering Division Corp Ltd (CSCEC7) announced the signing of a memorandum of understanding (MOU) to collaborate on global aquaculture-related investments and development projects worth US$500m. “Food security is increasingly a key concern for many governments around the world. With our expertise in aquaculture, China Construction’s deep knowledge in construction and infrastructure and Shaw’s proven track record in investments, we believe this tripartite collaboration is well-positioned to capitalise on the bourgeoning aquaculture opportunities globally,” ​ Peter Koh, executive director and CEO of Oceanus Group had said. Part of th...

Full article: https://www.foodnavigator-asia.com/Article/2018/05/31/Sel...

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