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The
Suzhou Industrial Park (SIP) is a joint development
between the Singapore and China Government. Established
in 1994, SIP has since achieved recognition for
its outstanding quality facilities and service.
The average investment per project in SIP is US$35
million, which is the highest figure in China.
China-Singapore
Suzhou Industrial Park Development Co, Ltd. (CSSD)
is the main developer of SIP. Its main responsibilities
include land development and management, property
management, project management, consulting services,
development of industries and infrastructure,
and investment of enterprises in SIP, etc. CSSD
is a Sino-Singapore joint venture that undertakes
the overall development of the entire Township.
It is now a 35-65 joint venture between a Singapore
consortium, Singapore-Suzhou Township Development
(SSTD) and its Chinese counterpart, Suzhou Industrial
Park Investment Co, Ltd (SIPC).
SIP
has the infrastructure of international standard,
efficient logistics network, strong government
support, abundant and quality human resource and
ideal working environment. The park is fully equipped
with gas supply, power generators, post and telecommunication
services, water supply, sewage treatment, electricity
supply, well designed road network, drainage pipes
and land leveling
Besides
being an industrial park, SIP is a self-sufficient
town that caters to residential and educational
needs. SIP has a highly efficient logistic channel
and independent customs. It can independently
approve foreign investment projects and issue
business license thus providing a convenient and
fast channel to the investors.
Transparent
policies have been a key factor behind SIP's success
in attracting investors. Based on the principles
of "A small government provides streamlined,
united and efficient service to a large society",
SIP continually seeks improvements to establish
a highly efficient management structure with qualified
and team spirited government officials.
SIP
has become the fastest growing and most competitive
industrial park in China. It has received high
praises from various local and overseas observers.
Workers are highly organized, coordinated and
motivated. Special efforts have also been spent
on cultivating and developing a base for multi-disciplinary,
advance, and creative post-graduate education
commercialization of R&D.
In
its pursuit to achieve excellence, CSSD's commitment
and energy is driven towards promoting and enhancing
SIP to become a first-rate industrial park.
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