Singapore’s development into a vibrant and distinctive city will be done in a sustainable way.
And the newly-formed Inter-Ministerial Committee on Sustainable Development will be launching its blueprint on this next year.
Mr Mah was speaking in Parliament on Thursday in response to questions from MPs on Singapore’s sustainable development policies.
He also said the government is making plans to rejuvenate the Central Business District.
Land will be released around the Tanjong Pagar area and the Ophir/Rochor corridor will be developed into a vibrant office cluster.
But he stressed the Marina Bay Financial Centre will remain the centrepiece of Singapore’s push for more economic growth.
Mr Mah said it will be a “seamless extension of Raffles Place, offering high-quality office spaces along a lively waterfront”.
The area generated will be equivalent to two Canary Wharfs in London.
The new financial district is expected to take more than 15 years to materialise depending on demand.
And Mr Mah gave the assurance the government will continue to release land in a calibrated manner to meet such demand. – CNA/ch
Source : Channel NewsAsia – 28 Feb 2008