Sino-Singapore Tianjin Eco-City project
From Taighde
Sino-Singapore Tianjin Eco-City project is a project being developed within a 30 sq km site called Tianjin's Binhai New Area. The Chinese Government and the Singapore Government are both working on the project. This city will "comprise housing, offices, and recreational facilities with environment-friendly features, and is being positioned as a model for sustainable development." Four main districts will encircle the ecological core, and a light rail will run through the city along an eco-valley, connecting major transit nodes, residential areas, community facilities and commercial centers.
The eco-city may house 350,000 residents when it is completed in 10 to 15 years.
The Qatar Investment Authority has signed a memorandum of understanding with Singapore conglomerate Keppel Corp to invest an undisclosed amount for a 10% stake.
Temasek Holdings invested $11.5 million( S$16.3 million) into the project in February 2010. Temasek will hold 10% of the holding company that is developing the project. Temasek holds the 1 million shares though its subsidiary Singbridge International Singapore.
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