By Jessica Cheam

UNDETERRED by economic woes, the government on Monday announced plans to beef up supply of business park space in Jurong 'to position Singapore for the next upturn'.

Industrial landlord JTC Corporation said it will be developing 5 ha of land, south of the existing International Business Park, which will yield 125,000 sq m or about 1.35 million sq ft of business park space.

This will help JTC 'secure investments and anchor key companies' for Singapore, it said.

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