Surbana Jurong’s motto ‘Building Cities, Shaping Lives’ is a meaningful one for North Asia CEO Michael Ng. He reveals how the firm’s unique approach – combining sustainable design, technological innovation and partnerships – makes it a standout force in the market. Click here to read more.
Singapore, 14 September 2018 – China Construction Bank Corporation Singapore Branch (“CCBSB”) celebrated its 20th anniversary of establishment here in Singapore. The Group Chairman and Executive Director, Mr Tian Guoli, was in Singapore to celebrate this historic milestone.
CCBSB currently operates with a wholesale banking license and has around 80 employees in Singapore. Besides offering corporate banking and trade finance, investment banking, financial market and private banking services, the Branch also serves as a regional centre for six other countries including India, Pakistan, Brunei, Myanmar, Laos and Cambodia.
In conjunction with the Anniversary celebration, CCB also signed four Strategic Cooperation MOUs with Surbana Jurong Private Limited (Surbana Jurong), National University of Singapore, CITIC Envirotech Ltd and Credit Suisse (Singapore) Ltd respectively.
Mr Heng Swee Keat, Minister for Finance and His Excellency Mr Hong Xiaoyong, Chinese Ambassador in Singapore, graced the ceremony as Guest-of-Honours.
Surbana Jurong and CCB strategic cooperation
Mr Wong Heang Fine, Group CEO, Surbana Jurong signed the MOU with Mr Mu Naimi, Chief Operating Officer, China Construction Bank, witnessed by Mr Liew Mun Leong, Chairman, Surbana Jurong and Mr Tian Guoli, Chairman and Executive Director, CCB.
Under the MOU, CCB will actively partner with Surbana Jurong, one of the largest Asia-based urban and infrastructure consulting firms, to jointly develop business opportunities arising from the Belt and Road Initiative, and provide industry leading servicesto clients in the Asia-Pacific region on possible infrastructure construction projects.
Surbana Jurong will contribute its expertise in master planning and design, engineering, project development and management across the urban, industrial and infrastructure sectors. CCB will provide its deep experiences in providing financing solutions across a wide range of areas including public-private partnership projects, fixed asset, real estate development, housing lease, technical modification, as well as construction and development financing.
National University of Singapore and CCB strategic cooperation
Professor Andrew Wee, NUS Vice President (University and Global Relations), signed the cooperation agreement with Mr Mu Naimi, Chief Operating Officer, China Construction Bank, witnessed by NUS President Professor Tan Eng Chye, , and Mr Tian Guoli, Chairman and Executive Director, CCB.
Under the agreement, the parties will cooperate in the areas of professional training, research projects, academic exchange, curriculum development, sharing resources and cooperative teaching.
Citic Envirotech Ltd – CCB Singapore strategic cooperation
Mr Hao Weibao, Chairman and Group CEO, CITIC Envirotech Ltd, signed the MOU with Ms Ren Dongyan, General Manager, CCB Singapore Branch, witnessed by Mr Cai Xiliang, Deputy General Manager of CITIC Group and Mr Tian Guoli, Chairman and Executive Director, CCB.
Under the MOU, CCB Singapore will provide a full suite of financial services to Citic Envirotech in the region.
Credit Suisse (Singapore) Ltd – CCB Singapore strategic cooperation
Mr Benjamin Cavalli, CEO Singapore, Credit Suisse signed the MOU with Ms Ren Dongyan, General Manager, CCB Singapore Branch, witnessed by Mr Tian Guoli, Chairman and Executive Director, CCB.
Under the MOU, both parties will jointly identify areas of joint interest in the field of international private banking products and investment solutions.
For media enquiries and/or event photos, please visit www.ccb.com.sg
About China Construction Bank Corporation
China Construction Bank Corporation (“CCB” or “the Bank”), headquartered in Beijing, is a leading large-scale joint stock commercial bank in Mainland China, and began operations in October 1954 as China Construction Bank. The Bank was listed on Hong Kong Stock Exchange in October 2005 (stock code: 939) and listed on the Shanghai Stock Exchange in September 2007 (stock code: 601939).
At the end of 2017, the Bank’s market value reached US$232.898 billion, ranking fifth among listed banks in the world. The Bank ranked second in the “Top 1000 World Banks” in 2017 in terms of total tier-one capital according to the UK magazine The Banker.
With 14,920 branches and sub-branches, CCB has 352,621 employees and provides services to millions of personal customers and corporate clients. It cooperates closely with the leading enterprises in strategic industries across the Chinese economy and provides services to a large number of high-end customers. CCB owns more than 200 overseas branches of all levels in 29 countries and regions around the world. The Group’s subsidiaries cover multiple business areas, such as mutual funds, financial leasing, trust, life insurance, property insurance, investment banking, futures and pension.
China Construction Bank Corporation, Singapore Branch commenced operations in March 1998 and was issued a wholesale banking licence by the MAS on 9 July 2010. It offers various financial services and products to Singapore companies as well as medium to large Chinese companies, in the areas of corporate banking, trade finance, financial markets, investment banking, private banking business and other financial services.
Visit www.ccb.com for more information.
Smart lift monitoring agreement is part of Singapore-Guangdong Collaboration Council’s five-year plan
Surbana Jurong’s Smart City Solutions team has signed an extension of a smart lift monitoring project with Guangzhou Academy of Special Equipment Inspection (GZSEI) at the 9th Singapore-Guangdong Collaboration Council meeting on 24 August 2018.
The partnership is part of the Council’s five-year plan to support the Chinese province’s Smart City initiatives and focus on areas such as intellectual property protection. In China, the total number of lift installations and maintenance market size is estimated to reach 5.9 million units and S$9.7 billion respectively by 2020.This partnership between Surbana Jurong and GZSEI will help technology transformation and product service application as well as promote the development and application of elevator IoT platforms in China.”
This agreement is an extension to Smart City Solutions’ first lift monitoring project in Guangzhou city, where the team currently monitors and analyses up to 600 lifts in private estates and government buildings. In the next phase, the team will deploy these smart city solutions to escalators and elevators in Guangzhou Railway Station, Haizhu District and Zhongxin Guangzhou Knowledge City.
Surbana Jurong partners Ping An Trust to develop Industrial New Township projects in China
At the same occasion, Surbana Jurong signed MOUs with Ping An Trust to collaborate on the development of Industrial New Township projects in China, beginning with the Shenzhen International Bio-Valley Industrial Park.
The 31.9-sq-km Park, located in Shenzhen’s Dapeng New District, is slated to be a leading bio-tech innovation centre and industry cluster. Ping An Trust, a major integrated finance conglomerate in China known for its technology-powered financial services and investments capabilities, is a subsidiary of Ping An Insurance (Group).
Ping An Trust commented that “Shenzhen International Bio-Valley is one of the top 10 innovation platforms of the Guangzhou-Shenzhen Science and Technology Innovation Corridor, identified by the Guangdong Provincial Party Committee and the Provincial Government… Being able to leverage Surbana Jurong’s globally best-in-class planning vision and architectural design capabilities, Ping An Group could make an effort in the development of Shenzhen’s global competency in bio-technology industries”.
Many countries have under-appreciated and under-built airports, resulting in a deficit in airport infrastructure that is inadequate in meeting increasing passenger demand, particularly in Asia and in many BRI countries that will see some of the strongest growth in the next two decades.
Surbana Jurong Chairman Liew Mun Leong shared this and other views on airport infrastructure at a keynote address at the recent Belt and Road International Transport Symposium (BRITS), a key forum of the World Transport Convention (WTC) 2018 held in Beijing on 20 June. WTC 2018 was hosted by the China Association for Science and Technology (CAST), China’s Ministry of Transport (MOT) and Chinese Academy of Engineering (CAE), and organised by the China Highway and Transport Society (CHTS). The event, in its second year running, was well attended by over 5,000 officials, academics and executives involved in transport planning, engineering and technology.
In his speech titled “Airports – Crucial Infrastructure in Enhancing Global Connectivity Amongst BRI Countries”, Mr Liew shared his insights on the importance of airport infrastructure in enhancing connectivity and promoting economic progress. He highlighted the urgent need to build more airport infrastructure to cater to the booming air travel demand. In addition, he suggested that the contrarian economic principle of “Supply Driving Demand” was particularly relevant for the aviation industry due to the lengths of time required to plan, design and build an airport. Mr Liew also encouraged countries along the BRI to make use of the varied sources of infrastructure funding to expand their airport infrastructure, and engage private-sector partners with deep airport development expertise to help expand present airport capacities.
Surbana Jurong has signed an MOU with Zhejiang Communication Investment Real Estate Group to develop a new township as well as commercial and residential properties in China. Surbana Jurong’s Urban Planning & Design team will explore the development of the masterplan for the township and development management services for the project. The MOU was signed by North Asia CEO Michael Ng and Zhejiang Communication Investment Real Estate Group General Manager Dong Wei Guo, and reinforces Surbana Jurong’s commitment to participate in and contribute to the development of industrial cities in China.
Surbana Jurong was among 14 companies which signed agreements at the recent 13th Singapore-Zhejiang Economic and Trade Council (SZETC) meeting. The agreements were signed in the urban solutions, e-commerce, wholesale trade and logistics sectors, adding to the growing Singapore-Zhejiang collaboration. An Enterprise Singapore statement says these agreements “are in line with Zhejiang’s priorities in urban-rural development reforms, industrial upgrading, trade liberalisation and e-commerce to maintain its economic competitiveness”.
Chengdu, Sichuan, People’s Republic of China, 15 March 2018 – Surbana Jurong (SJ) and Vanke Industrial Town (Midwest) Co., Ltd. (Vanke), a unit of China Vanke Co., today signed an agreement to jointly develop Industrial New Towns in China.
Under this agreement, SJ and Vanke will jointly develop Industrial New Town projects in China’s Midwest regions. Industrial New Town is the latest people-centric urban development model in China that integrates industrial developments and urban living. The aim is to create sustainable cities for residents to live and work in.
The partnership brings together the partners’ complementary strengths to provide a one-stop complete value-chain solution in urban and industrial development. It combines SJ’s global expertise in planning, design and engineering consultancy in urban and industrial sectors, with Vanke’s experience in China’s real estate development and management. The first project that both parties will jointly undertake will be Vanke’s Jianzhou Dream Town in Chengdu, with SJ providing the design for the city.
China Vanke Co. is China’s leading real estate company and urban development service provider. It is listed on Hong Kong Stock Exchange and is also a Fortune Global 500 company. In October last year, Vanke signed a strategic cooperation framework agreement with the Chengdu Municipal People’s Government which will see the company invest RMB200 million in Industrial New Towns in eastern and southern Chengdu.
Mr Teo Eng Cheong, CEO International (Singapore, Southeast Asia and North Asia) of Surbana Jurong said, “Surbana Jurong is proud to partner Vanke in the sustainable long-term development of Chengdu. Designing sustainable cities that integrate work and play is a hallmark of Surbana Jurong and reflects our philosophy of ‘Building Cities, Shaping Lives’. With over fifty years of experience in urbanisation, industrialisation and infrastructure development in global projects, we are excited to work with Vanke in transforming Chengdu to a smart city for the people.”
Mr Wang Haiwu, Senior Vice President of China Vanke Co., Ltd. and Chief Executive of Midwest Region (王海武, 万科集团高级副总裁, 万科中西部区域本首席执行官) said, “As China’s leading developer and urban development service provider, Vanke is committed to develop the Midwest regions to bring about sustainable growth for the regional economy. Our mission here is to focus on developing the city, while supporting industries and the government (“聚焦城市, 助力产业, 服务政府”). Our partnership with Surbana Jurong is another big step towards people-focused development, and we will jointly advance Industrial New Town concepts that will be the benchmark of sustainable living.”
Further to this MOU, the partners will explore setting up a joint venture.
About Surbana Jurong Private Limited
Surbana Jurong Private Limited (SJ) is one of the largest Asia-based urban, industrial and infrastructure consulting firms. Leveraging technology and creativity, SJ provides one-stop consultancy solutions across the entire value chain of the urbanisation, industrialisation and infrastructure domains.
Headquartered in Singapore, the SJ Group has a global workforce of 13,500 employees in more than 120 offices across over 40 countries in Asia, Australia, UK, the Middle East, Africa and the Americas, and an annual turnover of around S$1.5 billion.
SJ has a track record of over 50 years, and has built more than a million homes in Singapore, crafted master plans for more than 30 countries and planned over 100 industrial parks globally.
SJ’s motto ‘Building Cities, Shaping Lives’ reflects its belief that development is more than just steel and concrete. SJ creates spaces and designs infrastructure where people live, work and play, shaping cities into homes with sustainable jobs where communities and businesses can flourish.
About China Vanke Co., Ltd.
China Vanke Co., Ltd. was established in 1984. After 30 years of development, it has become a leading real estate company and urban development service provider in China since it entered the housing market over thirty years ago in 1988. The Group centres on the three most vibrant economic circles nationwide and hub cities in Midwest China. In July 2016, the Group was first listed on Fortune Global 500, ranking 356th. In 2017, the Group ranked 307th.
The Group strategically positions itself as an “integrated urban development service provider”, and upholds the vision of “building quality housing for ordinary people and building housing acceptable for occupation”. The Company adhered to two main development policies of synchronous development with the municipalities and its customers. The core business of the Group includes property development and property service. In recent years, the Group is focused on the position of “integrated urban development service provider”, actively explores expansion in business layout and has stepped into the commercial property, logistics property, long-term rental apartments, skiing business, pension and education businesses on the basis of consolidation of core business advantages.
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Gongqing town was a country town brimming with potential. Situated close to Nanchang, the capital of Jiangxi province, it was re-zoned for urban development, and recently, Surbana Jurong and Sino-Sun, member of the Surbana Jurong Group, jointly embarked on architectural design for the township, fulfilling the local government’s wish to create an integrated, mixed-use development there.
Last year, the team won the project to conduct the master planning for the 48ha greenfield project there, with a total GFA estimated at 1.2 million sqm. The plan revolves around a 3km-long looped garden that winds through high- and low-rise residential blocks, commercial buildings, an international school, and healthcare and recreational facilities.
By linking the sub-plots and functions together with this green pathway, a “walkable” and vibrant town is born. Jiangxi province, in southeast China, is also home to the Jiujiang port city and Jingdezhen, China’s famous home of porcelain-making.
The project is expected to be completed in Q3 2019.
Surbana Jurong (SJ) has been recognised for its exemplary landscape design work at the IFLA Asia-Pac Landscape Architecture Awards 2017. The team earned an Honourable Mention for its landscape master planning work for the “12km Han Cheng Riverfront with 700Ha Theme Park” project in ShaanXi, China. It is the first cultural-tourism project undertaken by SJ.
The project team, led by Oliver Ng, Deputy Director of Landscape Planning and Design, had to overcome many challenges to meet project requirements, chief of which is to have a sustainable development that can transform the city’s economy and reduce its reliance on agriculture while preserving the local culture. The team’s winning proposal centres on an innovative Integrated Hub that will connect visitors to a community and sports hub, an agriculture and exposition park, and the Ju River Wetland ecological park. Special care was taken to protect the rich heritage of the historic city while enhancing its surrounding geography and biodiversity along the 12km riverfront.
This includes creating buffer zones and using softscape materials to form a cohesive landscape. The design also features an integrated storm water management and cleansing system which will help cleanse and retain water at the site for future use, especially when the city faces water shortages during the summer.
Surbana Jurong has clinched a contract this month to provide detailed control master planning consultancy services for the 23.5sqkm Wuzhou Port Economic Zone Start-up Area.
The project team, led by Ms Mao Whey Ying (Deputy CEO, International), travelled to Wuzhou City from 18-20 April 2016. Ms Mao signed a memorandum of understanding (MOU) with Wuzhou Port Economic Zone to enhance collaboration in various sectors such as park management, investment attraction strategies, and training opportunities.
Surbana Jurong will partner Guangxi Hualan Planning & Design Institute for the regulatory plan submission. This is a downstream project following the consultancy services for the conceptual master plan of the 61sqkm Wuzhou Port Economic Zone secured in Dec 2014.
Joint Venture Company, Surbana-Enjoytown (Hangzhou) Secures Project Management Services Contract in Guali, Zhejiang, P.R. China
Surbana-Enjoytown (Hangzhou) Project Management Co. Ltd (SEPM), a joint venture company between Surbana & Enjoytown is proud to be appointed by Hangzhou Junyuan-Enjoytown Investment Management Co. Ltd to provide Project Management services for its new integrated mixed use development in Guali, Zhejiang.
The scope of Project Management services include Design Co-ordination, Tender Administration, Procurement packages review/co-ordination, on-site Project Management, Operations and Facility Management consultancy.
This new mixed integrated development will be similar to Singapore’s Clementi New Town. The development encompasses a new bus terminal, public and basement carparks, cineplex, hotel, commercial, retail, shopping, kindergarten, library and 4 residential blocks. It is aimed to provide convenience to the local residents and transit passengers. The project is located in Guali, Zhejiang with an estimated land area of 32,000sqm and a GFA of 110,000sqm.
This is the first project of its kind to be developed in Zhejiang, China and it is also the first project that SEPM secured.
Proposed Design Co-ordination for Construction Drawing and Project Management Services for Suzhou HYC Electronic Technology Co Ltd
Located in Suzhou Industrial Park, Suzhou, Jiangsu Province, P.R. China, the project covers a land area of 23,392.22sqm and it has a total GFA of 56,205.11sqm. The total aboveground GFA is about 45,757,20sqm (which includes a manufacturing facility with a GFA of 36,381.61sqm, an office building with GFA of 8,209.29sqm and ancillary etc). The total underground GFA is 10,477.91sqm.
The services provided include Design Co-ordination for Construction Drawing and Project Management (includes Tender Administration).
This is the first project that is developed by a local client. The China team has leveraged on their track records in the industrial fields especially in Suzhou, SIP to meet client’s requirement and adhere to the local codes.
Proposed Project Management Services for Infosys Campus Project (Building 5 & 6) in Shanghai Zi Zhu Science-Based Industrial Park
This project is located in Shanghai Zi Zhu Science-Based Industrial Park, Shanghai Min Hang Development Zone, Shanghai, P.R. China. The land area is 61,074sqm. The total GFA is 247,328sqf (23,002sqm), and it includes GFA for SPB 5 at 121,489sqf & SPB 6 at 121,947sqf and others (Gate House etc) GFA at 3,892sqf.
Surbana Jurong China office has been the Project Manager and Construction Manager of Infosys Technologies (Shanghai) Co., Ltd since the start of development in 2011. Earlier this year, the team was appointed to continue its Project Management services to Infosys. The services include Project Management for building 5&6 and Final Account for building 1&2.