Surbana Jurong & Vanke ink MOU to develop industrial new towns in China
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Published: March 15, 2018

admin | Company News | 15 March, 2018

     

    Surbana Jurong and a unit of China Vanke, Vanke Industrial Town Midwest Co., Ltd. (Vanke), today signed an agreement to jointly develop Industrial New Town in China. Under this agreement, Industrial New Town is the latest people-centric urban development model in China that integrates industrial developments and urban living. The aim is to create sustainable cities for residents to live and work in.

     

    Image © Surbana Jurong Private Limited.

    Image © Surbana Jurong Private Limited.

    This collaboration combines SJ’s global expertise in planning, design and engineering consultancy in urban and industrial sectors, with Vanke’s experience in China’s real estate development and management. The first project that both parties will jointly undertake will be Vanke’s Jianzhou Dream Town in Chengdu, with SJ providing the design for the city.

     

    Image © Surbana Jurong Private Limited.

    Image © Surbana Jurong Private Limited.

    “Surbana Jurong is proud to partner Vanke in the sustainable long-term development of Chengdu. Designing sustainable cities that integrate work and play is a hallmark of Surbana Jurong and reflects our philosophy of ‘Building Cities, Shaping Lives’. With over fifty years of experience in urbanisation, industrialisation and infrastructure development in global projects, we are excited to work with Vanke in transforming Chengdu to a smart city for the people.” said Mr Teo Eng Cheong, Surbana Jurong, CEO International.

    Aside, Mr Wang Haiwu, China Vanke’s Senior Vice-President, said: Vanke is committed to develop the Midwest regions to bring about sustainable growth for the regional economy. Our mission here is to focus on developing the city, while supporting industries and the government. Our partnership with Surbana Jurong is another big step towards people-focused development, and we will jointly advance Industrial New Town concepts that will be the benchmark of sustainable living.”

    Further to this MOU, both partners will explore setting up a joint venture.

     

    Source via Surbana Jurong Private Limited.

     

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