27 Nov 2009

Keppel is first foreign property developer to break ground in Tianjin Eco-City

The Keppel Group commenced work today on its 35.4-ha site in the Start-Up Area (“SUA”) of the Sino-Singapore Tianjin Eco-City (“Tianjin Eco-City”). It is the first foreign property developer to push ahead with the construction of eco-homes in a masterplanned and integrated precinct. Keppel Land, appointed project manager, has a successful track record in masterplanning and executing large-scale integrated township developments in Asia. It has brought together an international team to lend expertise and share best practices in the Keppel development. In line with Keppel’s commitment to the vision for the Eco-City, the homes and commercial properties will be developed according to the Tianjin Eco-City’s Green Building Evaluation Standard and Green Mark Gold standard of the Building and Construction Authority of Singapore. The Keppel development is strategically located along the Eco-Valley, the ecological green spine linking major transit nodes, residential developments and commercial centres. It is also in proximity to the Eco-Business Park and the commercial sub-centre which is located next to a planned light rail station. The Tianjin Eco-City is developed by Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd, a 50/50 joint venture company between the Singapore Consortium led by the Keppel Group, and the Chinese Consortium led by Tianjin TEDA Investment Holding Co Ltd.

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