SINGAPORE - Surbana Jurong Pte Ltd has partnered China Highway Engineering Consulting Corporation (China Highway) to provide design and consultancy services for highway and municipal projects.
Their joint venture, China Highway-Surbana Jurong Transportation Design and Research Co Ltd (China Highway-SJ), is 51-per cent owned by China Highway and 49-per cent held by Surbana Jurong.
China Highway-SJ currently has over 100 experienced engineers based in its Beijing office which will be gradually expanded, Surbana Jurong said in a press release on Wednesday (March 22).
The office was officially opened on Wednesday (March 22) by Singapore Ambassador to China, Mr Stanley Loh, China Communications Construction Company (CCCC) president Chen Fenjian, Surbana Jurong chairman Liew Mun Leong and China Highway chairman Dr Shang Guan Su.
China Highway is a state-owned enterprise in infrastructure design and construction with projects across China and internationally. Its parent is CCCC, China's largest international engineering contractor that is listed in Hong Kong and Shanghai.
Surbana Jurong, wholly-owned by Temasek Holdings, has built more than a million homes in Singapore, crafted master plans for more than 30 countries and developed over 50 industrial parks globally.
The joint venture aims to leverage the experience of China Highway in transportation infrastructure and Surbana Jurong in overseas planning and project management, to pursue highway and infrastructure-related projects globally as well as to undertake projects under China's Belt and Road initiative.
"China Highway attaches great importance to the collaboration and believes that this partnership will contribute to the development of local talents, and raise practices to international standards," said its chairman Dr Shang.
"The joint venture will open up more markets domestically and internationally for both partners, and will be competing on the global stage as a world-class organisation."