A GROUP of 13 Singapore companies is banking on their green know-how to snare a share of China’s lucrative and rapidly growing green buildings market.
The firms are set to attend a key China exhibition to try and tap a green buildings market set to be worth $55 billion by 2012 and $200 billion by 2020.
The Sixth International Conference on Intelligent, Green and Energy-Efficient Building & New Technologies and Products Expo – to be held in Beijing from next Monday to Wednesday – is expected to draw close to 10,000 professionals, including government officials, developers and consultants.
Singapore’s delegation will be made up of almost 50 individuals and will be led by the Building and Construction Authority (BCA) and the Singapore Green Building Council (SGBC).
SGBC, which is supported by the BCA and IE Singapore, will set up a Singapore Green Pavilion at the expo to showcase Singapore’s green building initiatives and the capabilities of the firms on the trip.
Singapore delegates will meet Chinese developers to explore possible partnerships. Said BCA’s executive director for research and international development Choo Whatt Bin: ‘Singapore has a good reputation as a Garden City – transforming into a city that is more environmentally sustainable.
‘We hope to ride on that reputation, and our experiences in the journey of going green, to help our Singapore firms make headway in the Chinese market.’
Source: Straits Times, 26 Mar 2010