JTC Corporation Annual Report 2007
The JTC Summit 8 Jurong Town Hall Road, Singapore 609434 www.jtc.gov.sg
JTC Corporation Annual Report 2007
Contents
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THE BIG PICTURE
Chairman's Message
A BIGGER ARENA
CEO's Message
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THE BIG DEALS
14 16 18 20 Opening Up the Earth Walking On Water Taking To the Skies Peering Into the Future
THE COMPLETE PICTURE
24 25 27 29 30 31
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Industrial Facilities Review Nurturing Niche Clusters Going Global Board Members Corporate Governance Senior Management
An Epigram Design and Production
BEING 40 IS A GOOD TIME TO TAKE STOCK.
We have worked hard to transform Singapore's industrial landscape. We have developed industrial estates to support investments and create jobs. We have pioneered specialised parks and next-generation industrial estates such as one-north, Seletar Aero+sPace, Jurong Island chemical hub and Tuas Biomedical Park.
WHAT ELSE CAN WE ASK FOR
Boundaries. So we can break them.
For Singapore to continue to be the choice investment location, we need to put a few things together. Keep tab of global market dynamics. Plan ahead and remain on top of the game. Attract new, promising industries. On its part, JTC must plan, promote and develop a dynamic industrial landscape in support of Singapore's economic advancement.
To pave the way for a more vibrant industrial market, we are also stepping out of market segments with thriving private sector participation.
WE CAN THEN FOCUS.
On projects with long payback periods – projects too big and risky for the private sector. Already, we are exploring unprecedented space possibilities. Underground space and oating structures are some of them. For a start.
Financial overview for FY2007
The JTC Group turned in another solid year of performance in FY2007. The Group's total surplus reached a record level of $1,183 million, representing a 50 per cent increase compared to $785 million in the previous year. The outstanding performance was underscored by strong performance in all segments of the Group. The buoyant industrial property market also gave rise to a write-back of impairment losses during the year. Excluding the write-back and other exceptional items, operating results for the Group improved by 30 per cent from last year.

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