An excellent example for New Orleans to follow is the “Biopolis” master planned biomedical research and development hub in Singapore. Situated on 450 acres, it is in its’ 10th year of a 15-20 year development plan that has created thousands of high wage jobs and attracted billions in Foreign Direct Investment (FDI).
The development is situated adjacent to the National University of Singapore, the Institute of Technical Education, Singapore Polytechnic, National University Hospital, Singapore Science Park, Ministry of Education and Fusionopolis (an R&D centre dedicated to electronics and technology).
The Biopolis campus was created in order to provide space for biomedical research which could promote the collaboration between private companies and public scientific / educational bodies.
Biomedical sciences (BMS) accounts for six percent of Singapore’s GDP and BMS manufacturing output is more than S$23bn.
The Biopolis development project is being undertaken by JTC Corporation (formerly Jurong Town Corporation).
- Singapore’s Biopolis: A Success Story (newsmaker.com.au)