The story
Established on 1 June 1968 as the Jurong Town Corporation, JTC oversaw the development of Singapore's first industrial estate, and the launch of Singapore's industrialisation drive. The bulk of the agency's mission was focused on the development of the Jurong Industrial Estate. To do this, JTC developed Jurong holistically, to encourage Singaporeans to move in, work and raise their families there. A large Town Centre was built, complete with shops and facilities, and a drive-in cinema. The first childcare centre and first hawker centre were both set up in Jurong. As part of Singapore's Garden City campaign, JTC also planned Jurong Park, that comprised the Chinese and Japanese Gardens, which are set to be the centrepiece of the Jurong Lake District today.
As Singapore's industrialisation took off, JTC's portfolio expanded beyond Jurong Town, where it built and managed industrial estates and flatted factories all over Singapore, such as Toa Payoh, Sembawang, Changi and Kranji. As Singapore's economy developed over the years, JTC provided new infrastructure to support Singapore's industries. When Singapore transitioned to a more knowledge-based and technology-intensive economy, JTC developed the Science Park, one-north and CleanTech Park to support hi-tech R&D sectors. Other notable projects by the agency include International Business Park, Changi Business Park, Jurong Island, Seletar Aerospace Park, and Singapore's four wafer fabrication parks.
From Wikipedia’s article on JTC Corporation, shared under CC BY-SA 4.0.4