A breaking news from The Straits Times Singapore mentioning ground breaking of the Tianjin Project.
"The development of the city will be overseen by the Sino-Singapore Tianjin Eco-City Investment and Development Company, a 50-50 joint venture between a Chinese consortium led by Tianjin TEDA Investment Holding Company and a Singapore group led by the Keppel Group."
"Work will now begin on the first 4 sq km plot, an area roughly the size of Jurong East Town in Singapore. The start-up area will be developed in three stages over the next three to five years. "
"And within 15 years, at a cost of around 50 billion yuan (S$10 billion), the eco-city will spread across a 30 sq km site. About 350,000 people will eventually live in the township, which is intended to show how eco-friendly living can be balanced with vibrant economic activity." to find out more...
Passage from http://www.straitstimes.com/Breaking%2BNews/World/Story/STIStory_283867.html