Plans
To raise its competitive edge, Singapore is moving to produce higher-value-added specialty products, including chemicals that would go into animal vaccines, animal feeds, consumer care items such as cosmetics and industrial enzymes that will support the biomedical sector. As part of this effort to move up the value chain, the Institute of Chemical and Engineering Science (an A*STAR research institute) has been set up on Jurong Island.
Construction work on Jurong Rock Caverns (JRC), Singapore's first underground rock caverns for storage of crude oil, condensates, naphtha and gas-oil, started in February 2007. JTC Corporation has been appointed by the Singapore government to undertake the construction of JRC.
Located beneath the seabed of Banyan Basin, off Jurong Island, JRC will be completed in phases beginning from 2013. In the first phase, the caverns will have a storage capacity of 1.47 million cubic metres. Phase 2, which can potentially add another 1.32 million cubic metres, is being explored.
There are also plans to build a second causeway to link the Western end of Jurong Island Highway and Gul Road in Jurong Industrial Estate on mainland Singapore but it was shelved also. The investment project for second causeway was shifted to build HDB flats at Western Water Catchment in the later decade.
Read more about this topic: Jurong Island
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—Chinese proverb.
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