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HDB to transfer industrial properties, land to JTC Corp on Jan 1

The consolidation will better support industrialists in their business growth

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Published Wed, Nov 29, 2017 · 09:50 PM

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Singapore

THE transfer of the Housing and Development Board's (HDB) industrial properties and land to JTC Corporation will take effect on Jan 1, 2018.

The government had first announced the transfer in October 2016; the Jurong Town Corporation (Amendment) Act 2017 was passed in Parliament in September this year.

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