SPECIAL REPORT ON INDUSTRIAL PARKS IN SINGAPORE

Jun 30, 2023 4

1. Characteristics:

a) Strategic location: CBP is strategically located near Changi International Airport and other important economic centers in Singapore. This provides convenient connectivity with business partners within and outside Singapore.

b) Modern infrastructure: CBP is built with modern and well-equipped infrastructure. The industrial park features modern office buildings, research and development centers, training facilities, shopping areas, and entertainment amenities. The buildings are equipped with advanced information technology and flexible working spaces.

c) Focus on high technology: CBP focuses on attracting high-tech companies, information technology enterprises, and research and development. This creates an innovative and advanced technological environment, conducive to the development and application of new technologies.

d) Linkages with education and research: CBP  has strong interactions with educational and research organizations. The area is close to leading universities and research institutes, facilitating research collaboration and the development of new products.

e) Comprehensive business environment: CBP is not just an industrial park, but also a comprehensive business environment. In addition to technology companies, the area also has the presence of support services, financial institutions, restaurants, hotels, and entertainment facilities. This creates a convenient and diverse environment for businesses.

In summary, CBP stands out with its strategic location, modern infrastructure, focus on high technology, linkages with education and research, and comprehensive business environment. This unique combination of technological innovation and business convenience makes CBP an attractive destination for businesses looking to invest and develop in Singapore.

2. Operating sectors:

Changi Business Park (CBP) focuses on the following key operating sectors:

a) Information Technology and Software: CBP attracts many leading information technology and software companies. Businesses in this sector often focus on software development, mobile applications, artificial intelligence, IT infrastructure management, cloud services, and digital solutions.

b) Research and Development: CBP is a hub for innovation and research, attracting high-tech companies and research organizations. Research and development areas include data science, artificial intelligence, Internet of Things (IoT), blockchain, and other emerging technologies.

c) Medical Technology and Healthcare : CBP also provides opportunities for the development of medical technology and healthcare businesses. Companies in this field focus on developing mobile health applications, smart healthcare technologies, healthcare data management systems, and advanced healthcare solutions.

d) Engineering and Science: CBP offers space for companies operating in engineering and scientific fields. These businesses focus on construction technology, environmental engineering, advanced materials, and other areas related to applied engineering and science.

e) Support Services and Finance: In addition to technology sectors, CBP also has the presence of support services and financial companies. These areas include consulting services, financial management, financial technology, legal services, and other professional services.

These are just some of the major sectors and do not encompass all the operating sectors within Changi Business Park. There is a great diversity, and companies from various fields can be found in this area.

3. Introduction to some major operating companies:

a) IBM: IBM is one of the world's leading information technology companies and has a presence in CBP. The company focuses on technology development and software solutions, providing information technology services to businesses and organizations.

b) Honeywell: Honeywell is a multinational company specializing in technology and manufacturing in various sectors, including industrial, automotive, aerospace, and healthcare. Honeywell has an office in CBP, where they focus on developing technology and security solutions.

c) DHL: DHL is one of the world's leading global transportation and logistics companies. In CBP, DHL has a significant operational center, providing transportation services, supply chain management, and logistics solutions to businesses in the area.

d) Honeywell Aerospace: Honeywell Aerospace is a division of Honeywell, focusing on the aerospace industry. In CBP, Honeywell Aerospace has a research and development center, creating advanced technologies and solutions for the aviation sector.

e) Huawei: Huawei is a leading Chinese telecommunications technology company, specializing in mobile communications, networking, and consumer electronics products. In CBP, Huawei has a research and development office, focusing on advanced telecommunications technology and solutions.

These are just a few examples of major companies operating in Changi Business Park. The industrial park also hosts numerous other technology, service, and research companies, creating a diverse and thriving business environment.

 

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