Singapore-Sichuan park aims to become international biomedical hub

By Yang Jian | October 15, 2013, Tuesday |

Online Edition

The Singapore-Sichuan Hi-tech Innovation Park in southwest China will invite high-tech companies across the world to develop it into a major biomedical base, senior officials with the park said yesterday.

Companies involved in high-end industries and non-manufacturing sectors will be invited to build the innovation park into a vibrant, mixed-use work-live-play-learn development, according to Liu Sin Leng, chairman of Sino-Singapore (Chengdu) Innovation Park Development Co Ltd.

The park also plans to develop six other pillar industries in the following years including IT, service outsourcing, precision engineering, environmental technology, finance, and training, Liu said.

Previously, the park launched a film and gaming hub as part of the digital media sector. It also made contact with the biomedical community in Singapore to explore strategic synergies in biomedical research between Singapore and Sichuan.

The park is the first high-tech industry cluster jointly developed by Singapore and the Sichuan provincial government. The project broke ground in May 2012, and will take about eight years to complete, covering an area of more than 10 square kilometers.

Chengdu has continued to attract the attention of international businesses.

Since 2012, 14 service and outsourcing firms such as US consulting and technology services company Accenture have invested in Chengdu.

From 2008 to 2012, Chengdu's offshore outsourcing revenue jumped 30 percent annually on average.

Manufacturing

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Singapore-Sichuan park aims to become international biomedical hub

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