SBF-led mission to Beijing, Tianjin, Baoding, Wuxi and Hangzhou enable Singapore companies to assess green business opportunities
Singapore, Monday, 21 September 2009 - The Singapore Business Federation led a business mission from 14 - 19 September 2009 to Beijing, Baoding, Hangzhou and Wuxi, the venue for the China International New Energy Expo 2009, as well as Tianjin which celebrates the first anniversary of the ground breaking ceremony of the Sino-Singapore Tianjin Eco-city project.
Supported by International Enterprise (IE) Singapore, SingCham and Sustainable Energy Association of Singapore (SEAS), the six-day business mission aims to give delegates a clearer vision of clean, efficient and green business opportunities in China.
Leading the 23-strong delegation from 18 companies (please refer to the Annex for full list of participating companies) was Mr. Teng Theng Dar, CEO of SBF and deputy mission leader Mr. Tan Poh Teck, Deputy Executive Director of SBF. Participating companies included those in building and construction, clean energy (solar energy, wind energy, bio-energy and waste-to-energy), environmental management, engineering, healthcare, investment, consultancy and event management, all with a common focus on the clean, efficient and green sector opportunities.
Mission delegates attended briefings by local government officials; business networking and matching sessions; site visits to local companies; and other business programmes.
In Baoding, the Singapore business delegation met Baoding city leaders and solar and wind energy industry leaders, attended briefings on investment opportunities and visited the technology and industrial development zones. They were briefed on the various business and investment opportunities in China’s Electricity Valley by the Administrative Committee of the Baoding National New and High-Tech Industrial Development Zone. They also visited the various manufacturing and production lines of NYSE listed Yingli Green Energy, which is currently the 2nd largest PV manufacturer in China.
In Tianjin Eco-City, they were hosted by the Eco-city Administration Committee or ECAC and Sino-Singaopre Tianjin Eco-city (SSTEC) and took part in site visits to Tianjin Eco-city, Tianjin Binhai New Area and Exhibition Planning Centre as well as the Tianjin hi-tech Park.
At Wuxi, the delegates attended the China International New Energy Expo which included visits to the China (Wuxi) International Summit of New Energy Industry, Forum of PV Solar Policies and Markets, Forum of Wind Power Policies and Markets and Summit of Financing and Investment for New Energy Enterprises.
At the Expo, they met Mr. Kelvin Teo, President & COO of SembCorp, who shared his industrial experience. The delegation also had the opportunities to network with officials from the Wuxi-Singapore Industrial Park (无锡新加坡工业园), the Administrative Committee of Wuxi Hi-new Tech Industrial Development Zone (无锡国家高新技术产业开发区), Administrative Centre of Wuxi Clean-Tech Park (无锡清洁技术科技园), Wuxi National Hi-Tech Incubation Service Centre where they were briefed on various business and investment opportunities. At the Expo, the delegation also met with various local Chinese companies in the area of solar, wind and bio-energy and developed a number of business contacts.
At Hangzhou, the Singapore delegation was briefed on the business and investment opportunities at Hangzhou Qianjiang Economic Development Area and was also invited to collaborate with the local Chinese authorities and businesses in developing a cleantech or solar energy park within the Economic Development Area or even beyond.
A highlight of the business mission was the China-Singapore New Energy & Environmental Protection Innovation & Investment Forum on 14 Sep morning, co-hosted by China's Ministry of Commerce Investment Promotion Agency (CIPA) (中国国际投资促进中心) and SBF. This event was jointly organized by World Innovation Institute (WII)(世界创新研究院) and China Renewable Energy Society (CRES) (中国可再生能源学会); and supported by CleanTech Ventures Asia Pte. Ltd. and CleanTech Ventures Beijing Co Ltd, with the objectives of strengthening the partnership and collaboration in projects in the area of New Energy and Environmental Protection between Singapore and China.
The forum was chaired by Mr. Shi Ding Huan, Chairman of CRES and Councilor of the State Council of China and Former Secretary General of the Ministry of Science & Technology (国务院参事，中国可再生能源学会石定寰理事长). Other key speakers include Mr. Ma Junru , President of World Innovation Institute and Former Chief of China Foreign Experts Bureau; and Mr. Yu Hua (于华), Deputy Director General, Investment Promotion Agency, Ministry of Commerce(商务部投资促进局孙万松处长).
Another highlight was the Renewable Energy Development cum Investment Partnership Networking Session on 14 Sep afternoon with All-China Federation of Returned Overseas Chinese (中国侨联) featuring experts from the National Energy Board of China under National Reform and Development Commission as well as China's Academy of Sciences. The session was hosted by Mr. Wang Yong Le(王永乐), its Vice Chairman who is also a member of the National Committee of Chinese People's Political Consultative Conference (CPPCC) (全国政协委员).
"There is strong interest among SBF member companies to tap into projects in the Tianjin Eco-city relating to clean energy, energy efficiency, green IT, waste management and recycling, and other areas of sustainable development. SBF, through its Sustainable Development Business Group, is also seeking to connect delegation members to other major Chinese cities such as Boading and Wuxi with strong clean technology base and focus. Singapore companies should take advantage of the enormous Chinese market given the strong government support, manufacturing capability and low cost base to forge collaborative links with key business and government partners for project and business deals." said Mr. Teng Theng Dar, CEO of SBF.
Based on feedback gathered by SBF, delegates garnered more than 300 contacts as a result of the mission trip. At least S$20 million worth of sales leads are under negotiation for the next 12 months.
As a result of the mission, a few of the clean technology companies have banded together to set up a company CleanTech Partners Pte Ltd to pool together their different capabilities and expertise to target overseas clean technology projects. As an immediate follow-up, CleanTech Partners will be meeting with the Hangzhou Qianjiang Economic Development Area authorities to sign an MOU to establish a Hangzhou-Singapore Eco-Park. The business mission, scheduled on 23 and 26 November 09, is also supported by IE Singapore.
List of confirmed participating companies for the business mission
1. ARB Technologies
2. Cleantech Ventures Asia
3. Conference & Exhibition Management Services
4. Cybrarian Ventures
5. EnEd Asia
6. EnergyCorp Global
8. Globe Precision Products
9. IUT Global
10. Kenyon Engineering
11. Ley Choon Constructions and Engineering
12. Local Global Exhibition & Trade
13. Origin Exterminators
14. Phoenix Solar
15. Sing & San Construction
16. SME Funding
17. S.O.L.I.D International Asia
18. USI Technologies