JTC Corporation Annual Report FY2020
Publication Date:
Jan 01, 2021
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This is the Annual Report FY2020 of the JTC Corporation.
Beyond 2021, the Ministry of Trade and Industry has announced ambitious targets to grow Singapore’s manufacturing sector by 50% of its current value (estimated at around S$106 billion) as part of the Manufacturing 2030 plan. To help achieve this target, JTC has been working closely with our partners to complete several projects over the past year. Since 2020, the following key milestones have been achieved:
- Jurong Innovation District welcomed a slew of new entrants including Hyundai Motor Group, which has chosen the advanced manufacturing hub as the site for its new electric vehicle plant
- The tunnel breakthrough for the upcoming Punggol Coast MRT station, which will bring increased connectivity to JTC’s Punggol Digital District
- Temporary Occupation Permit (TOP) for the latest phases of CleanTech Park and aeroSpace Three @ Seletar Aerospace Park, 1 and 7 North Coast at Woodlands North Coast, while JTC Logistics Hub @ Gul achieved partial TOP
- g developments such as Defu Industrial City, Built Environment Hub comprising TimMac @ Kranji and Kranji Green at Sungei Kadut Eco-District to achieve TOP status in the coming months
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