The Singapore Economic Development Board (EDB) and JTC Corporation (JTC) jointly unveiled the master plan for the 50 hectare CleanTech Park at Nanyang Avenue today.  As Singapore’s first eco-business park, CleanTech Park will be the choice location for forward-looking corporations that have embraced environmental sustainability as a means to differentiate their business and also as part of their corporate social responsibility. This development will push the boundaries of green sustainability, serving as a large-scale integrated “living laboratory” for testbedding and demonstration of system-level clean technology solutions.

CleanTech Park will house a core nucleus of cleantech activities to serve as an epi-centre for research, innovation and commercialization in clean technology.  Building on the synergies of being located next to Nanyang Technological University (NTU), CleanTech Park will also house R&D activities from the university. This will foster a conducive environment which promotes collaborations between industry and academia, and unleashes the economic potential created from these collaborations.

Dr Beh Swan Gin, Managing Director, Singapore Economic Development Board, said, “Companies are increasingly interested in commercial and research space that is eco-friendly. CleanTech Park will provide such progressive investors with an attractive option and also foster the clustering of like-minded companies in one location. CleanTech Park’s tenants will also benefit from the close proximity to NTU, thereby promoting the cross-fertilisation of knowledge and ideas to facilitate the development and demonstration of systems-level CleanTech solutions.” 

An artist’s impression of the CleanTech Park at Nanyang Avenue