Surbana Jurong will collaborate with Ping An Trust to develop Industrial New Township projects in China, beginning with the Shenzhen International Bio-Valley Industrial Park.
The 31.9-sq-km Park, located in Shenzhen’s Dapeng New District, is slated to be a leading bio-tech innovation centre and industry cluster. Ping An Trust, a major integrated finance conglomerate in China known for its technology-powered financial services and investments capabilities, is a subsidiary of Ping An Insurance (Group).
Surbana Jurong signed MOUs with Ping An Trust at the ninth Singapore-Guangdong Collaboration Council meeting held on 24 August 2018.
Surbana Jurong’s CEO International (Singapore, Southeast Asia & North Asia) Teo Eng Cheong said, “Surbana Jurong is excited to partner with Ping An Trust on sustainable Industrial New Township projects in China, starting with the Ping An Shenzhen International Bio-Valley Industrial Park. We will leverage our many years of experience to plan and design Industrial New Towns that are economically, socially and environmentally sustainable.”
Ping An Trust commented that “Shenzhen International Bio-Valley is one of the top ten innovation platforms of the Guangzhou-Shenzhen Science and Technology Innovation Corridor, identified by the Guangdong Provincial Party Committee and the Provincial Government. Ping An Group, together with Shenzhen City and Dapeng New District Management Committee, places great importance on the strategic positioning of the Bio-Valley project. Being able to leverage Surbana Jurong’s globally best-in-class planning vision and architectural design capabilities, Ping An Group could make an effort in the development of Shenzhen’s global competency in bio-technology industries.”