Govt to delay additional S$1.7b worth of public sector projects

The government has decided to postpone an additional S$1.7 billion worth of public sector projects to further ease pressure on construction resources in Singapore.

The government had earlier announced that it would postpone about S$3 billion worth of public sector projects to after 2009.

With the latest decision, the government is deferring a total of about S$4.7 billion worth of public sector construction projects to 2010 and beyond.

The construction of the main building of the proposed Jurong General Hospital will be deferred to 2010, although the hospital will still be completed and open as scheduled by 2015.

Other deferred projects include less urgent improvement works which will not compromise Singapore’s strategic and social needs. Public housing building and upgrading programmes are not affected.

“The additional deferment will allow the existing construction capacity and resources to be channelled towards the timely delivery of some big projects such as the integrated resorts, Marina Business Financial Centre and the Downtown MRT Line,” said a Building and Construction Authority (BCA) statement.

Source : Channel NewsAsia – 22 Jul 2008

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