Jurong Consultants entered into a memorandum of understanding (MoU) with Chinas Nanshan Group to jointly collaborate and develop the Nanshan Artificial Island Petrochemical Industrial Base in China.
Under the MuU, Jurong will render consulting services in overall market
positioning, master planning
, park development advisory and related consultancy services to the project
Nanshan Group will leverage on the petrochemical master planning
and development expertise of Jurong to develop the reclaimed island into a petrochemical industrial base.
It is envisaged that the cooperation will enhance Jurong's track records in the Chinese petrochemical sector.