Sino-Singapore Eco-City to get $2.54 bln cash injection
The Sino-Singaporean Eco-City in north China's port city of Tianjin will get another 16 billion yuan (USD2.54 billion) this year to speed up construction of the massive green city, one of the largest in the world, according to Xinhua.
Authorities for the project said Thursday the money will be used in the construction of 60 key projects, including a hospital, a museum, a school and other public facilities.
Located in the Tianjin Binhai New Area, the 30-square kilometer Tianjin Eco-City lies 150 kilometers east of Beijing. Construction began in July 2008, and it is designed to be a sustainable and resource efficient metropolis where 350,000 residents can live and work by the time it is completed in 2020.
The Eco-City program is the second of its kind between the Chinese and Singaporean governments, following the China-Singapore Suzhou Industry Park in the eastern Chinese city of Suzhou.