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Industrial Features

  1.Current Status
  Wuxi-Singapore Industrial Park (WSIP) was jointly set up at the end of 1993 by Wuxi Municipal Government and Singapore Sembcorp Technologies Industrial Corporation. Over the last fourteen years, based on Wuxi 's regional economic advantages, modeled after Singapore's successful experience in Jurong Town Industrial Zone and Indonesia Batamindo Industrial Park, WSIP aims to build itself a service-oriented Hi-tech industrial estate. It has initially shaped an intensive development frame featured strong devotion, one-stop services and high benefit output and electronics, IT industries as its pillar industries. Up till now, WSIP altogether invited 75 foreign-invested enterprises, with contract foreign capital USD 2.1 billion and USD 1.8 billion of paid-up capital.

  2.TARGETS
  Wuxi Singapore Industiral Park, as your route to high technology in China, is a landmark of Sino-Singapore cooperation and serves as a window to the outside world.
  Wuxi Singapore Industiral Park plans to introduce five and more high technology enterprises and around twenty services industry companies to settle in the park every year. Electronics, Photovoltaic and precision machinery are directional industries in the park. Sales of manufacturing enterprices is predicted to increase by 30% per year (including photovoltaic) and service industry revenue by 30%.
  By year 2010, it predicts to accommodate over 85 foreign invested enterprises and over 15 research and development centers with a total registered capital of USD 1.8 billion and total investment of USD 3 billion. Predicted total sales in 2010 for all the companies in the park is RMB 119 billion (with RMB 46billion form photovoltaic industry). It will also attract around 60 service companies with 3000 employee. Till 2010, the park will develop 100000 sqm lettable space and 400000 housing area. There will be a 5-star hotel and a budget hotel as well by then.
  By year 2012 , it predicts to have over 90 foreign invested enterprises and 25 R&D centers. Total registered capital will be USD 2 billion and total investment achieves USD 3.5billion. Service companies will be around 100 and have 6000 employee. Till 2012, the park will develop 200000 sqm lettable space and 500000sqm housing area to accommodate a population of 15000.

   At a meantime, Wuxi Singapore Industrial Park pays much attention on enengy saving and intensive development of land resources.

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