MEDIA RELEASE Opportunities for Singapore companies as Sichuan builds connected cities
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MEDIA RELEASE
Opportunities for Singapore companies as
Sichuan builds connected cities
MR No.: 016/14
Singapore, Thursday, 8 May 2014
1. Opportunities in urban solutions, as well as transport and logistics beckon for
Singapore companies as Sichuan province seeks to build connected cities (联动型城市)
through urban redevelopment and enhancement of its transport systems. This is in line
with the Sichuan government’s “multi-point, multi-polar” strategy1 to spread economic
development across the province.
2. To explore the potential for the participation of Singapore companies in these areas, Mr
Lim Swee Say, Minister, Prime Minister’s Office and Mr Lawrence Wong, Minister for
Culture, Community and Youth, and Second Minister for Communications and
Information, were in Chengdu city, Sichuan province, for a three-day trip from 6 – 8
May 2014. Minister Lim and Minister Wong were visiting in the capacity of Singapore
Advisor and Co-Chairman of the Singapore-Sichuan Trade and Investment Committee2
(SSTIC) respectively. International Enterprise (IE) Singapore is the Singapore
secretariat for the council.
Opportunities in urban solutions and transport and logistics
3. The SSTIC has been supporting collaboration between Singapore and Sichuan across
wide-ranging sectors according to the “Three Moderns”3. As Sichuan looks to enhance
1
多点多极支撑发展战略. As with most provinces in China, Sichuan’s growth has largely centred on its
provincial capital city of Chengdu with other cities lagging behind. To spread economic development and
boost the growth of second-tier cities in Sichuan, the provincial government’s “multi-point, multi-polar”
strategy will focus on urbanisation to drive domestic consumption, the development of modern services
and the improvement of connectivity between the cities.
2
Mr Wei Hong, Sichuan Governor and Mr Gan Lin, Sichuan Vice Governor are the Sichuan Advisor and
Co-Chairman of SSTIC respectively.
3
The “Three Moderns” refers to “Modern Services”, “Modern Living” and “Modern Manufacturing”. By
“Modern”, this refers to innovative or new offerings that Singapore companies can introduce to Sichuan.
International Enterprise Singapore is the government agency driving Singapore’s external economy.IE Media Release 8 May 14
connectivity among its cities, there is potential for Singapore companies to offer
expertise, particularly in:
i) Urban solutions – master planning, modern township development, transport-
oriented infrastructure development, urban living concepts, and water and
wastewater management.
ii) Transport and logistics – airport management, intelligent transport systems and
logistics solutions.
4. To build connected cities, Sichuan will focus on enhancing air and land connectivity.
Chengdu, the provincial capital of Sichuan, is taking the lead. The city’s urban
redevelopment plan adopts a transport-oriented approach as an improved transport
infrastructure will better link Chengdu to the surrounding cities. With better connected
cities, the population will be diverted to these satellite cities, bringing about greater
social and economic development.
5. Currently, the Chengdu Shuangliu International Airport is China’s fifth largest airport4.
The city also houses China’s fifth largest railway terminal, and has the most number of
roads and railway lines linking to northwest and southwest China. Building on this
strong foundation, the Sichuan government plans to invest over 180 billion yuan5 to:
i) Improve air connectivity – Chengdu is developing a new international airport in
Jianyang city (a county-level city), expected to be operational by 2018.
ii) Improve public transport – The Chengdu government is looking to integrate its
four transportation networks (四网合一), namely the metro networks (地铁网),
Bus Rapid Transit6 (BRT) networks (快速公交网), public bus services (公交网)
and electronic tram service (轻轨电车网).
iii) Enlarge road networks by building “three city-circling highways and 16 branch
roads” from the city centre (三环十六射)7.
Singapore projects in Sichuan progressing well
6. The flagship project under the SSTIC, the Singapore-Sichuan Hi-Tech Innovation Park
These areas are aligned to Sichuan’s key evolving developmental needs. Examples of the “Three
Moderns” (non-exhaustive) include: Modern Services – professional services, education, retail, F&B;
Modern Living – infrastructure services, environmental services; Modern Manufacturing – production
processes, production technology, production supporting services e.g. logistics.
4
In 2013, the passenger and cargo throughput of the Chengdu Shuangliu International Airport stood at
33.4 million and 501,391 tons respectively. Source: Civil Aviation Administration of China.
5
Source: China Municipal Engineering Network, http://www.zgsz.org.cn/2014/0307/10065.html
6
The BRT in Chengdu is a network of express buses that commute on special bus lanes and only stop at
specific stops along the BRT network.
7
The first city-circling highway has been built, with the second under construction. The third is being
planned for construction before 2020.
Page 2 of 5IE Media Release 8 May 14
(SSCIP), has reported good progress. Following the mapping of the value chain and
industry positioning last year, the SSCIP will be building up the biomedical and
interactive digital media clusters for a start. During this trip, Minister Lim and Minister
Wong participated in a roundtable discussion on the biomedical cluster development in
the SSCIP. This allowed Singapore and Sichuan to discuss and share experiences in
nurturing biomedical clusters and how both can collaborate in establishing a complete
and internationalised biomedical research and development platform in the SSCIP.
7. Beyond the SSCIP, other companies such as Keppel Land and Yanlord Group have
developed new residential projects along a 5.5 km-long area in eastern Chengdu that
the locals have termed “Tianfu Corridor” (天府门廊). This area, which is part of the
extension of the existing Chengdu Financial Business District (金融产业集聚发展区),
has attracted iconic commercial developments including International Finance Square
(IFS) Chengdu by Hong Kong’s Wharf Holdings, and Lotte World by South Korea’s
Lotte Group. The Singapore residential projects bring modern living concepts such as
our Building Construction Authority’s Green Mark Gold award for eco-sustainability to
the residents in Chengdu.
8. Similarly, Hong Leong Holdings’ subsidiary is working on a residential project in
Chengdu. Located in the southern part of the main city with convenient access to
planned metro lines and branch roads, this project provides quality housing to the
residents. With total investments over US$200 million, the project’s construction area
spans 120,000 sqm and is expected to be completed by 2016. The ministers graced
the ground breaking ceremony of the project today.
Annex: Chinese terms
---End---
Note to Editor
Please use ‘IE Singapore’ or ‘IE’ if an acronym for ‘International Enterprise Singapore’ is
required. In addition, unless otherwise stated, the use of statistics cited in our media
releases, website or Statlink, should be attributed to IE Singapore.
Issued by IE Singapore on behalf of SSTIC. For media enquiries, please contact:
CHENG Kiat Loon
Divisional Director (Media), Corporate Communications Group
DID : + 65 6433 4465
Email : cheng_kiat_loon@iesingapore.gov.sg
Page 3 of 5IE Media Release 8 May 14
About International Enterprise Singapore
International Enterprise (IE) Singapore is the government agency driving Singapore’s
external economy. We promote international trade and spearhead the overseas growth
of Singapore-based companies to grow Globally Competitive Companies.
IE Singapore attracts global commodities traders to establish their home base in
Singapore. Today, Singapore is a thriving trading hub for the energy, agri-commodities
and metals & minerals trading clusters.
Through our Global Company Partnership, we work with Singapore-based companies to
customise total solutions in capability building, market access and financing for their
internationalisation.
Our global network of overseas centres in over 35 locations provides the necessary
connections in many developed and emerging markets.
Visit www.iesingapore.com for more information.
About Singapore-Sichuan Trade and Investment Committee
The Singapore-Sichuan Trade and Investment Committee (SSTIC) is a bilateral economic
framework aimed at strengthening Singapore's economic relations with the Sichuan
Province. It was formed in May 1996 and comprises public and private sector members
from Singapore and Sichuan.
Mr Lim Swee Say, Minister, Prime Minister’s Office, and Mr Wei Hong, Sichuan Governor,
are Advisors to the committee while Mr Lawrence Wong, Minister for Culture, Community
and Youth, and Second Minister for Communications and Information, and Mr Gan Lin,
Sichuan Vice Governor, are Co-Chairmen of the SSTIC.
IE Singapore is the Secretariat to the SSTIC in Singapore.
Page 4 of 5IE Media Release 8 May 14
ANNEX
CHINESE TERMS
International Enterprise (IE) Singapore 新加坡国际企业发展局（企发局）
Singapore-Sichuan Trade and Investment 新加坡－四川贸易与投资委员会
Committee
Singapore-Sichuan Hi-Tech Innovation Park 新加坡-四川创新科技园
(新-川创新科技园)
Mr Lim Swee Say 林瑞生先生
Minister, Prime Minister’s Office 新加坡总理公署部长
Advisor
Singapore-Sichuan Trade and Investment 顾问
Committee 新加坡－四川贸易与投资委员会
Mr Lawrence Wong 黄循财先生
Minister for Culture, Community and Youth, 文化、社区及青年部长兼通讯及新闻第
and Second Minister for Communications and
二部长
Information
Co-Chairman 联合主席
Singapore-Sichuan Trade and Investment 新加坡－四川贸易与投资委员会
Committee
Mr Wei Hong 魏宏先生
Sichuan Governor 四川省长
Advisor
Singapore-Sichuan Trade and Investment 顾问
Committee 新加坡－四川贸易与投资委员会
Mr Gan Lin 甘霖先生
Sichuan Vice Governor 四川副省长
Co-Chairman
Singapore-Sichuan Trade and Investment 联合主席
Committee 新加坡－四川贸易与投资委员会
“Multi-point, multi-polar” strategy 多点多极支撑发展战略
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