JTC to integrate manufacturing value chain in single development

JTC on Wednesday (Feb 11) broke ground for the first industrial development in the Republic that will house companies within the entire manufacturing value chain when it is completed in 2017.

The development, JTC @ Space, is sited on a 6.4-hectare land in Tuas, and will have seven land-based factories on the ground floor for heavy manufacturing activities such as those in the oil and gas sector. There will also be 36 ramp-up and 95 flatted factories on the upper levels catering to downstream partners or suppliers of the manufacturing industry.

The facility will also feature supporting infrastructure such as heavy vehicle parking facility, workers’ dormitory and an amenity centre.

JTC said the project is expected to be completed in the third quarter of 2017 and will result in land savings of about 50 per cent.

“By combining different factory types in a single development, JTC @ Space is able to house different manufacturing activities in the value chain. Such integration will encourage more collaboration between companies in the value chain, raise their productivities and strengthen their overall competitiveness,” said JTC’s chief executive Png Cheong Boon.

Source : Channel NewsAsia – 11 Feb 2015

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