Located at Nanyang Avenue, Singapore, CleanTech Park will be designed to be the choice location for forward-looking corporations that have embraced environmental sustainability as a means to differentiate their business and also as part of their corporate social responsibility.
CleanTech Park will house a core nucleus of cleantech activities to serve as an epi-center for research, innovation and commercialization in clean technology. Building on the synergies of being located next to Nanyang Technological University (NTU), CleanTech Park will also house R&D activities from the university.
The development of CleanTech Park will be carried out in three phases over 20 years. Phase 1 will commence in July 2010, starting with the development of the infrastructure within CleanTech Park. When completed, Phase 1 will provide approximately 17 hectare of business park land. CleanTech Park will house a working population of 20,000 when it is fully built by 2030.
CleanTech Park is a key initiative outlined in the SGD1 billion ($713.9 million approx) Singapore Sustainable Blueprint for building a greener, more energy efficient and sustainable Singapore. In drawing up the master plan, a strong emphasis has been placed on finding a long term sustainable balance between the development’s commercial needs and the site’s natural biodiversity. Trellises will be constructed between adjacent buildings and covered with plants to provide shade and enhance ‘walkability’ within open spaces in the area.
The development contributes to Singapore’s goal to be a ‘living lab’ where companies can use Singapore effectively to develop, test-bed and commercialize green and urban solutions before scaling up for the Asia-Pacific region and beyond.