JTC Corporation (JTC), formerly the Jurong Town Corporation, is a statutory board under Singapore's Ministry of Trade and Industry that champions sustainable industrial development. It master-plans clean, green and smart estates to create attractive destinations for Singapore's talent and communities. The agency also drives innovations in the building and infrastructure sector.
JTC Corporation
Agency overview
Formed
1 June 1968; 55 years ago (1968-06-01)
Preceding agency
Jurong Town Corporation
Headquarters
The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434
Established on 1 June 1968 as the Jurong Town Corporation, JTC oversaw the development of Singapore's first industrial estate, and the launch of Singapore's industrialisation drive. The bulk of the agency's mission was focused on the development of the Jurong Industrial Estate.[2] To do this, JTC developed Jurong holistically, to encourage Singaporeans to move in, work and raise their families there. A large Town Centre was built, complete with shops and facilities, and a drive-in cinema. The first childcare centre and first hawker centre were both set up in Jurong. As part of Singapore's Garden City campaign, JTC also planned Jurong Park, that comprised the Chinese and Japanese Gardens, which are set to be the centrepiece of the Jurong Lake District today.
As Singapore's industrialisation took off, JTC's portfolio expanded beyond Jurong Town, where it built and managed industrial estates and flatted factories all over Singapore, such as Toa Payoh, Sembawang, Changi and Kranji. As Singapore's economy developed over the years, JTC provided new infrastructure to support Singapore's industries. When Singapore transitioned to a more knowledge-based and technology-intensive economy, JTC developed the Science Park, one-north and CleanTech Park to support hi-tech R&D sectors.[3] Other notable projects by the agency include International Business Park, Changi Business Park, Jurong Island, Seletar Aerospace Park, and Singapore's four wafer fabrication parks.
Projects
In 2016, it was announced that JTC is planning and developing a new Jurong Innovation District (JID), envisioned as the industrial park of the future.[4] The 600-hectare district is set to become a one-stop advanced manufacturing campus housing an ecosystem of Research and Development (R&D) institutes, technology, and training providers, as well as advanced manufacturing itself.[5] In 2018, JTC unveiled the plan for the 50-hectare mixed-use Punggol Digital District (PDD) that will support the growth of the digital economy.[6] Opening in phases from 2023, PDD expects to create up to 28,000 digital economy jobs.[7]
In February 2020, JTC announced that it will be revamping the 500-hectare Sungei Kadut industrial estate, one of the oldest industrial estates in Singapore, to support the transformation of traditional manufacturing industries as well as new growth sectors in agri-tech and environmental technologies. The estate will be developed progressively over the next 20 to 30 years, creating space for businesses in the timber, furniture, construction, and waste management industries.[8] A key feature of the revamp is the development of an 18-hectare Agri-Food Innovation Park, that will unite R&D, prototyping and high-tech operations such as vertical farming and aquaculture hatcheries.[9]
Having built up a strong base of engineering capabilities, JTC was appointed by the Singapore Government to be a Centre of Excellence for Building & Infrastructure and Underground Caverns,[10] where it uses its expertise to support other government organizations in their projects, optimize scarce engineering resources, and invest in R&D to build cutting-edge engineering expertise.[11]
Aside from developing the physical space, JTC works towards strengthening collaborations within business communities in its estates to create new business opportunities.[12] It also emphasizes on striking a balance between the economic and environmental aspect in its developmental approach, where it has been progressively adopting renewable energy sources, and smart systems that optimize resource utilization.[13] JTC had also announced a number of initiatives inviting its industry partners to contribute towards making estates greener.[14]
^"LTA to get new chief executive, leadership changes at JTC and SLA announced". CNA. 6 August 2020. Retrieved 10 October 2020.
^"Speech by JTC Chairman Dr Loo Choon Yong at JTC's 50th Anniversary Dinner on 25 May 2018". www.jtc.gov.sg.
^Singapore, Prime Minister's Office (May 16, 2018). "PMO | PM Lee Hsien Loong at the JTC 50th Anniversary Dinner". Prime Minister's Office Singapore.
^"Singapore Budget 2016: Jurong Innovation District to be set up; first phase ready by around 2022". The Straits Times. Mar 24, 2016.
^"Advanced manufacturing hub at Jurong Innovation District". JTC website for JID.
^"About the Punggol Digital District". JTC website for PDD.
^"Masterplan for 'digital district' in Punggol North launched; area to generate up to 28,000 tech jobs". The Straits Times. Jan 21, 2018.
^"High-rise industrial facilities, agri-tech park feature in revamped Sungei Kadut industrial estate". The Straits Times. Feb 6, 2020.
^"Businesses at Sungei Kadut Eco-District". JTC website for SKED.
^"Speech for Senior Minister of State, Ministry of Trade and Industry, Mr Chee Hong Tat, at the Time Capsule Installation Ceremony and the Launch of JTC's Green Pledge & Climate Action Goals, 1 June 2018, Friday, 10.35AM". www.jtc.gov.sg.
^"Media Factsheet - Engineering Centres of Excellence" (PDF). www.dsta.gov.sg. April 13, 2016.
^"JTC goes beyond landlord role to play matchmaker". The Straits Times. Oct 22, 2019.
^"Singapore Meets Its 2020 Solar Deployment Target". www.jtc.gov.sg. April 22, 2020.
^"Companies raise over S$500,000 towards planting of 30,000 trees on Jurong Island". The Business Times. Nov 2, 2019.
External links
JTC Corporation
August 22, 2023
corporation, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, ci. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources JTC Corporation news newspapers books scholar JSTOR February 2011 Learn how and when to remove this template message This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view April 2011 Learn how and when to remove this template message Learn how and when to remove this template message JTC Corporation JTC formerly the Jurong Town Corporation is a statutory board under Singapore s Ministry of Trade and Industry that champions sustainable industrial development It master plans clean green and smart estates to create attractive destinations for Singapore s talent and communities The agency also drives innovations in the building and infrastructure sector JTC CorporationAgency overviewFormed1 June 1968 55 years ago 1968 06 01 Preceding agencyJurong Town CorporationHeadquartersThe JTC Summit 8 Jurong Town Hall Road Singapore 609434Agency executivesTan Chong Meng ChairmanTan Boon Khai CEO 1 Parent agencyMinistry of Trade and IndustryWebsitewww wbr jtc wbr gov wbr sgThe JTC Summit Contents 1 History 2 Projects 3 Industrial and Business Parks 4 See also 5 References 6 External linksHistory EditEstablished on 1 June 1968 as the Jurong Town Corporation JTC oversaw the development of Singapore s first industrial estate and the launch of Singapore s industrialisation drive The bulk of the agency s mission was focused on the development of the Jurong Industrial Estate 2 To do this JTC developed Jurong holistically to encourage Singaporeans to move in work and raise their families there A large Town Centre was built complete with shops and facilities and a drive in cinema The first childcare centre and first hawker centre were both set up in Jurong As part of Singapore s Garden City campaign JTC also planned Jurong Park that comprised the Chinese and Japanese Gardens which are set to be the centrepiece of the Jurong Lake District today As Singapore s industrialisation took off JTC s portfolio expanded beyond Jurong Town where it built and managed industrial estates and flatted factories all over Singapore such as Toa Payoh Sembawang Changi and Kranji As Singapore s economy developed over the years JTC provided new infrastructure to support Singapore s industries When Singapore transitioned to a more knowledge based and technology intensive economy JTC developed the Science Park one north and CleanTech Park to support hi tech R amp D sectors 3 Other notable projects by the agency include International Business Park Changi Business Park Jurong Island Seletar Aerospace Park and Singapore s four wafer fabrication parks Projects EditIn 2016 it was announced that JTC is planning and developing a new Jurong Innovation District JID envisioned as the industrial park of the future 4 The 600 hectare district is set to become a one stop advanced manufacturing campus housing an ecosystem of Research and Development R amp D institutes technology and training providers as well as advanced manufacturing itself 5 In 2018 JTC unveiled the plan for the 50 hectare mixed use Punggol Digital District PDD that will support the growth of the digital economy 6 Opening in phases from 2023 PDD expects to create up to 28 000 digital economy jobs 7 In February 2020 JTC announced that it will be revamping the 500 hectare Sungei Kadut industrial estate one of the oldest industrial estates in Singapore to support the transformation of traditional manufacturing industries as well as new growth sectors in agri tech and environmental technologies The estate will be developed progressively over the next 20 to 30 years creating space for businesses in the timber furniture construction and waste management industries 8 A key feature of the revamp is the development of an 18 hectare Agri Food Innovation Park that will unite R amp D prototyping and high tech operations such as vertical farming and aquaculture hatcheries 9 Having built up a strong base of engineering capabilities JTC was appointed by the Singapore Government to be a Centre of Excellence for Building amp Infrastructure and Underground Caverns 10 where it uses its expertise to support other government organizations in their projects optimize scarce engineering resources and invest in R amp D to build cutting edge engineering expertise 11 Aside from developing the physical space JTC works towards strengthening collaborations within business communities in its estates to create new business opportunities 12 It also emphasizes on striking a balance between the economic and environmental aspect in its developmental approach where it has been progressively adopting renewable energy sources and smart systems that optimize resource utilization 13 JTC had also announced a number of initiatives inviting its industry partners to contribute towards making estates greener 14 Industrial and Business Parks EditSpecialized Industrial Park Airport Logistics Park of Singapore Jurong Island LogisParks MedTech Park Offshore Marine Centre Seletar Aerospace Park Tuas Biomedical Park Wafer Fab amp Advanced Display ParksBusiness Park Changi Business Park CleanTech Park International Business Park Jurong Innovation District Mediapolis One north Punggol Digital District Woodlands North Coast Sungei Kadut Eco DistrictSee also EditBiopolis FusionopolisReferences Edit LTA to get new chief executive leadership changes at JTC and SLA announced CNA 6 August 2020 Retrieved 10 October 2020 Speech by JTC Chairman Dr Loo Choon Yong at JTC s 50th Anniversary Dinner on 25 May 2018 www jtc gov sg Singapore Prime Minister s Office May 16 2018 PMO PM Lee Hsien Loong at the JTC 50th Anniversary Dinner Prime Minister s Office Singapore Singapore Budget 2016 Jurong Innovation District to be set up first phase ready by around 2022 The Straits Times Mar 24 2016 Advanced manufacturing hub at Jurong Innovation District JTC website for JID About the Punggol Digital District JTC website for PDD Masterplan for digital district in Punggol North launched area to generate up to 28 000 tech jobs The Straits Times Jan 21 2018 High rise industrial facilities agri tech park feature in revamped Sungei Kadut industrial estate The Straits Times Feb 6 2020 Businesses at Sungei Kadut Eco District JTC website for SKED Speech for Senior Minister of State Ministry of Trade and Industry Mr Chee Hong Tat at the Time Capsule Installation Ceremony and the Launch of JTC s Green Pledge amp Climate Action Goals 1 June 2018 Friday 10 35AM www jtc gov sg Media Factsheet Engineering Centres of Excellence PDF www dsta gov sg April 13 2016 JTC goes beyond landlord role to play matchmaker The Straits Times Oct 22 2019 Singapore Meets Its 2020 Solar Deployment Target www jtc gov sg April 22 2020 Companies raise over S 500 000 towards planting of 30 000 trees on Jurong Island The Business Times Nov 2 2019 External links EditJTC Corporation Retrieved from https en wikipedia org w index php title JTC Corporation amp oldid 1166446994, wikipedia, wiki, book, books, library,
