JTC Corporation

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JTC Corporation
JTC New Logo 2020.png
JTC Logo
Agency overview
Formed1 June 1968; 52 years ago (1968-06-01)
Preceding agency
  • Jurong Town Corporation
HeadquartersThe JTC Summit, 8 Jurong Town Hall Road, Singapore 609434
Agency executives
  • Mr Tan Chong Meng, Chairman
  • Mr Ng Lang, Chief Executive Officer
Parent agencyMinistry of Trade and Industry (Singapore)
Websitewww.jtc.gov.sg
The JTC Summit

JTC Corporation (Abbreviation: JTC; Chinese: 裕廊集团; pinyin: Yùláng Jítuán), formerly the Jurong Town Corporation, is a government agency in Singapore that champions sustainable industrial development. It masterplans 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.

History[edit]

JTC was established on 1 June 1968 to oversee the development of Singapore's first industrial estate, and launch Singapore's industrialisation drive. Initially known as the Jurong Town Corporation, bulk of the agency's mission then was focused on the development of the Jurong Industrial Estate.[1] To do so, 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 a 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.[2] 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[edit]

Today, JTC continues to develop new infrastructure for Singapore’s industries. In 2016, it was announced that JTC is master-planning and developing a new Jurong Innovation District (JID) that is envisioned as the industrial park of the future.[3] The 600-hectare district is set to become a one-stop advanced manufacturing campus housing an ecosystem of R&D institutes, technology and training providers, and advanced manufacturers.[4] In 2018, JTC unveiled the masterplan for the 50-hectare mixed-use Punggol Digital District (PDD) that will support the growth of the digital economy.[5] Opening in phases from 2023, PDD expects to create up to 28,000 digital economy jobs.[6]

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 technology. Housing businesses in the timber, furniture, construction and waste management industries, the estate will be developed progressively over the next 20 to 30 years.[7] 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.[8]

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,[9] where it uses its expertise to support other government organisations in their projects, optimise scarce engineering resources, and invest in R&D to build cutting-edge engineering expertise.[10]

Developing physical spaces aside, JTC works towards strengthening collaborations within business communities in its estates to create new business opportunities.[11] It also emphasises 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 optimise resource utilisation.[12] JTC had also announced a number of initiatives inviting its industry partners to contribute towards making estates greener.[13]

Industrial and Business Parks[edit]

Specialised Industrial Park

Business Park

See also[edit]

References[edit]

  1. ^ "Speech by JTC Chairman Dr Loo Choon Yong at JTC's 50th Anniversary Dinner on 25 May 2018". www.jtc.gov.sg.
  2. ^ Singapore, Prime Minister's Office (May 16, 2018). "PMO | PM Lee Hsien Loong at the JTC 50th Anniversary Dinner". Prime Minister's Office Singapore.
  3. ^ "Singapore Budget 2016: Jurong Innovation District to be set up; first phase ready by around 2022". The Straits Times. Mar 24, 2016.
  4. ^ "Advanced manufacturing hub at Jurong Innovation District". JTC website for JID.
  5. ^ "About the Punggol Digital District". JTC website for PDD.
  6. ^ "Masterplan for 'digital district' in Punggol North launched; area to generate up to 28,000 tech jobs". The Straits Times. Jan 21, 2018.
  7. ^ "High-rise industrial facilities, agri-tech park feature in revamped Sungei Kadut industrial estate". The Straits Times. Feb 6, 2020.
  8. ^ "Businesses at Sungei Kadut Eco-District". JTC website for SKED.
  9. ^ "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.
  10. ^ "Media Factsheet - Engineering Centres of Excellence" (PDF). www.dsta.gov.sg. April 13, 2016.
  11. ^ "JTC goes beyond landlord role to play matchmaker". The Straits Times. Oct 22, 2019.
  12. ^ "Singapore Meets Its 2020 Solar Deployment Target". www.jtc.gov.sg. April 22, 2020.
  13. ^ "Companies raise over S$500,000 towards planting of 30,000 trees on Jurong Island". The Business Times. Nov 2, 2019.

External links[edit]