Jurong Lake District to create more than 100,000 jobs, 20,000 homes
SINGAPORE: More than 100,000 new jobs will be created and 20,000 homes built in the 360- hectare Jurong Lake District , the Urban Redevelopment Authority (URA) said on Friday (Aug 25). The Jurong Lake District project - set to be completed after 2040 - was first announced in 2008 as part of URA's efforts to provide more job and recreational options in the heartlands. The Government has said it plans to transform the area into Singapore's second central business district . The new jobs will be created in sectors such as the maritime industry, with the future Tuas mega port ; infrastructure development, due to the neighbouring Jurong Industrial Estate ; and in the technology sector with the Nanyang Technological University and the planned Jurong Innovation District nearby , URA said. New residential developments will also be built in this western corridor, which will be a mixed-use business district . However, the exact mix of private and public development has not yet been d...