Straits Times: Tue, Apr 26
SINGAPORE companies keen on getting a foothold in the next Silicon Valley have been urged to check out a new eco-project in China.
The Dalian Biodiverse Emerging Science and Technology City, as the development is called, is aiming to be a high-tech hub to end them all.
Delegates from the city of Dalian, where the 'eco-Silicon Valley' is being built, are in Singapore to promote the new city to investors and skilled workers.
They will meet real estate developer Yanlord and tech firm Cisco Systems later today.
Vice-Mayor of Dalian Qu Xiaofei said in Mandarin yesterday: 'We would like to work with Singapore companies as they possess a wealth of experience and talent which we can learn from.'
Sectors such as transport and information and communications technology (ICT) were possible areas of cooperation, he said.
The new city is in the high-tech Ganjingzi district in Dalian city.
It is still early days with only four Chinese companies given the go-ahead to participate in this state project, although about 186 million yuan (S$35 million) has been invested into the 65 sq km project so far.
But Mr Qu expects the level of investment from private companies and the Chinese government will double in the next few years.
He said: 'Besides the quality infrastructural development, which will attract the human talent, we will also provide the best living environment, which will convince them to stay.'
His delegation will also visit Hong Kong and Japan.