The Business Times

New plan, rethink for Jurong Island

With mega-projects of the past few years completed, new growth will come from speciality chemicals, where projects are smaller but more knowledge-intensive

Published Sun, Nov 23, 2014 · 09:50 PM
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JURONG Island version 2.0 has not yet run its full course, but the government is already looking at the next phase.

This comes as investments in speciality chemical investments pick up on the island, amid a more competitive global petrochemicals sector.

"We will need a new phase of Jurong Island 2.0 at some stage... This industry has changed. The competitive dynamics have changed. So we need to rethink, now that we have done all of this, how can we again relook at some of these competitive issues," Eugene Leong, director of energy and chemicals at the Economic Development Board (EDB) told The Business Times.

Jurong Island version 2.0 - launched in 2010 - looked into optimising the use of energy, land and water on the island, as well …

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