After staying overnight in a luxury hotel in Suzhou, we were heading to the industrial park which is located in the same city. Currently, half a million people are living in this industrial zone. Most of them are employees of one of the 3200 companies which have their facilities there.
The Suzhou Industrial Park is divided into clusters such as biotech or software technology to ensure a knowledge transfer between those companies. To improve the standard of living, the industrial park has several recreation areas, three huge lakes, two golf courts, movie theatres and several other leisure facilities.
The short history of the Suzhou Industrial Park is quiet amazing. Opened 15 years ago as a joint venture with the State Singapore Investment Fund, it is nowadays Asia’s most modern development zones. It hosts subsidiaries of 77 of fortune
500 enterprises. In a few years, the industrial park will have 1.5 million people working, living or studying there, as Mrs. Lisa Chen from the Investment Promotion Bureau mentioned in her speech. All the students were very impressed about the dynamic and speed of the development.