SINGAPORE (Dec 6): Thursday saw the groundbreaking of the China-Singapore International Smart Industrial Park in China-Singapore Guangzhou Knowledge City (CSGKC).

Expected to be completed in 2020, the industrial park will focus on the development of a new generation of industry clusters, led by the Internet of Things, big data and cloud technology.

The development is located at the core of the southern startup area of CSGKC and will have a total built-up area of 177,800 sqm with estimated total investments of over RMB 1.4 billion ($26.7 million).

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