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It is now time to move farmers to high-rise buildings in the area and encourage new businesses to hire and recycle them.
By converting farmland into a modern city, governments hope to create an economic hub for trade and research, as well as a model that could eventually be applied to rural areas elsewhere in China and beyond, said Nee Pai. Chee, vice president of Singbridge International.
"The beauty is small," Nee told CNBC at the City Knowledge Center. "At a micro level, Singapore knows how to manage, perhaps, a city of medium or small size. So I think we can offer some of our experience to China. "
The project hopes to attract Singaporean technology talent eager to enter a larger market.
Knowledge City adds incentives such as grants and free office space to attract businesses from Singapore and beyond, ranging from startups to Fortune 500 companies meeting its criteria. The developers also offer to pay for things such as public rating applications and provide IPO support and legal badistance.
But how can this once rural and still largely vacant region attract young technology talent who tends to flock to skyscraper centers like Singapore, Hong Kong, Shenzhen or Guangzhou?
Nee said that he often said to young talents from southern China or the Bay Area that they will be "well cared for" as well as at Enterprise Singapore – an agency backed by the government which hopes to develop Singaporean companies in his country and abroad.
Singapore has a long history of working with China. The Suzhou Industrial Park in 1994 and the Tianjin Eco-city in 2008 still work.
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