Surbana Jurong further grows its footprint in China as it signed MoUs with the Chongqing Municipal Government and Danzhou Municipal People’s Government respectively.
Together with China Construction Bank, Surbana Jurong signed an MoU with the Chongqing Municipal Government to provide support in various areas of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity.
Areas that the partners will jointly explore include the financing needs of major infrastructure construction, the potential development of a financial technology city and a digital economy pilot zone, the sustainable development of housing rental projects as well as smart cities projects.
Chongqing is a major city in southwest China and only one of four municipalities under the direct administration of the central government. The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity is the third bilateral project between China and Singapore and is a strategic part of China’s Belt and Road Initiative (BRI). Surbana Jurong was the appointed masterplanner for the Chongqing Liangjiang New Area, providing the blueprint for the city to become a multi-modal hub.
This MoU develops from the collaboration agreement between Surbana Jurong and China Construction Bank signed in September this year, to jointly pursue and develop business opportunities arising from the BRI, and to provide industry leading services to clients in the Asia-Pacific region on possible infrastructure construction projects.
Surbana Jurong in collaborative MOU with Danzhou Municipal People’s Government
Separately, Surbana Jurong has signed a collaborative MoU with the Danzhou Municipal People’s Government to explore collaboration in various areas including masterplanning and urban design.
Danzhou is one of the major cities in Hainan province, the Chinese government has recently earmarked Hainan as a Free Trade Zone (FTZ) that will span 35,400-square-kilometre, which will make it the biggest FTZ in China. It aims to become an international shipping hub and a trading and investment gateway.
The Danzhou government, through the MoU, plans to leverage Surbana Jurong’s global track record and success in planning and design to develop the city into a sustainable industrialised town, to promote investment and raise the living standards of its residents. — Construction+ Online
