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Singapore business news : SME Zone in Singapore
New possibilities refer to New SME zone which was attract the public attention since it was announced in November 2013 by URA.
WHAT is SME Zone ?
New SME zone is part of North Coast Innovation Corridor project which located at Woodlands Region Central with 14 hectares between Woodlands avenue 9 and avenue 4. The key objective is to assist SME companies especially for those who does not need or cannot afford rental prime office in Centre Business District (CBD) area .
Woodlands is located Northern part of Singapore and recently become major massive development regional.
From geographically point ,Woodlands located close to Johore, Malaysia and also one of the custom clearance for both countries. For those dealing with import business from Malaysia especially involve with vegetable or food industry, will be much more convinence to have their office or control centre at SME zone before channel out their product to the rest of Singapore island.
By 2019 there will be another new MRT line ,Thomson line connect to other part of Singapore and this made Woodlands Regional become popular gateway.
Apart from the above, North Coast Innovation Corridor situated near to future Seletar Regional Centre so it will be a lot of tapping link for potential business opportunities .
Despite have not confirm by authorities yet, Woodlands Regional Centre become one of the priority choice to build Singapore station for cross border link between Singapore and Malaysia.
Hence, SME zone playing major role in acting as transportation hub to attract more SME to set their root here .
We hope SME zone will become Singapore backyard wonderland .