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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Temasek unit Singbridge in $441mln China biz park venture

Posted on 30 June 2011

Singbridge International, a unit of Singapore state investor Temasek Holdings, will jointly develop a business park in the Chinese city of Guangzhou with Singapore developer Ascendas and Guangzhou Development District (GDD), Ascendas said on Wednesday.
The 30ha business park will be developed in phases over 10 years at a total cost of 2.3 billion yuan (S$441.4 million), Ascendas said……………………………………….Full Article: Source


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