MORE THAN HALF OF INDUSTRIAL ESTATE OCCUPIED
Over 65 per cent of the industrial estate is occupied by firms from sectors like semiconductor and electronics.
JTC expects more companies to get on board.
“The strategic location of Woodlands North Coast is what makes it a popular choice for businesses, especially for those with their headquarters in Singapore and a manufacturing facility in other countries like Malaysia,” said Ms Lee Mee Nee, a deputy director at JTC’s New Estates division.
She noted that the premises are about a 10-minute walk away from the upcoming RTS that will connect Singapore and Malaysia.
JTC said that the estate is part of the nation’s decentralisation plans to create self-contained regional centres and business nodes, bringing jobs closer to home for those in the north.
The corporation is re-looking at how it can tailor its space to meet changing industry needs. This includes an integrated underground network that can help to move people and goods more efficiently within the district itself.
Ms Lee added that the land zoning is under review. JTC said it will work with agencies like the Urban Redevelopment Authority as well as the Housing and Development Board to finalise the land use plan.
With the district earmarked to be the northern entry point into the upcoming Johor-Singapore Special Economic Zone (SEZ), businesses said they are eagerly awaiting for more details on what the zone entails.
Discussions between both sides are set to take place at the 11th Singapore-Malaysia Leaders’ Retreat likely to be held at the end of this year.