07 Jun '17, 2am

Such new districts could attract existing companies here that wish to transform themselves. #punggolnorth

Such new districts could attract existing companies here that wish to transform themselves. #punggolnorth

JTC Corporation will be fleshing out more details of its masterplan for Punggol North towards the end of this year, and more details on the Jurong Innovation District (JID) next year. The government hopes to catalyse new growth areas and test innovations in Singapore's first "enterprise district" These are among key projects where the government is hoping to catalyse new growth areas, test innovations and co-locate complementary activities and services. Such new districts could attract existing companies here that wish to transform themselves as well as new entrants, JTC's development group assistant CEO David Tan told The Business Times. "It will be a combination of both," he said. "Some existing companies would like to upgrade and transform their businesses, so they may move into these new districts. We hope to catalyse the growth of new industries as well." At the Urban...

Full article: https://www.srx.com.sg/singapore-property-news/37272/new-...

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