The under-construction China-Singapore International Smart Industry Park. [Photo provided to chinadaily.com.cn]

The construction of a smart industry park started in Sino-Singapore Guangzhou Knowledge City (SSGKC) on Thursday. The knowledge city was elevated to a national-level project last month.

Involving a total investment of 1.4 billion yuan ($203.34 million) and scheduled to be completed in 2020, the China-Singapore International Smart Industry Park will focus on the development of technology related to the internet of things, big data and cloud ecology.

It is designed to empower companies developing applications in the smart home, transport, office, healthcare and city industries, according to the administration of Huangpu district, Guangzhou, where the project is located.