How much did Singapore lost in Suzhou Industrial Park?
How much did Singapore lost in Suzhou Industrial Park?
After incurring losses of some US$90 million over 5 years, the Singapore consortium lowered its stake to 35 percent, raising the Chinese consortium’s stake to 65 percent from 35 percent and reducing the Singaporean share from a planned 70 km2 to just 8 km2.
What is the meaning of Suzhou?
Suzhou in British English (ˈsuːˈdʒəʊ ), Su-chou or Soochow. noun. a city in E China, in S Jiangsu on the Grand Canal: noted for its gardens; produces chiefly silk.
How far is Suzhou from Shanghai by train?
about 100km
The distance between Shanghai and Suzhou is about 100km (62mi). The 30 minutes’ high-speed train makes it possible to have a day tour from one city to the other. The normal trains are an economy alternative which takes 1-2 hours and costs CNY15.
Where is the city of Suzhou in China?
A Brief Introduction of Suzhou. Suzhou is located in the south of Jiangsu province, some 50 miles west of Shanghai, along the old Grand Canal. The city has been famous for its gardens for many centuries. According to a Chinese proverb says: In heaven there is paradise.
Where is the Suzhou free trade zone located?
The Suzhou area of Jiangsu Free Trade Zone, launched August 30, 2020 is mainly located in the Suzhou Industrial Park.
How big is the Liu Garden in Suzhou?
Suzhou�s gardens are not known for their size, but their delicate designs, containing hills and ponds, terraces, corridors, towers, and almost everything that is needed in an �imperial garden.� Among them, the Liu Garden, which covers about 10 acres, is the largest and one of the most attractive.
How big is the Industrial Park in Suzhou China?
Suzhou Industrial Park was established in 1994 as a cooperative project between the governments of China and Singapore. As Suzhou’s largest industrial park, it covers a total jurisdiction area of 278 square kilometers (including the China-Singapore Cooperative Zone of 80 square kilometers).