Singapore's construction demand is expected to remain strong in 2013, fuelled by public sector projects. The Building and Construction Authority (BCA) is projecting a construction demand of between S$26 billion and S$32 billion for 2013. This comes after the industry reported S$28 billion worth of contracts awarded in 2012. BCA said the public sector will contribute to 53 per cent of the industry demand...
Singapore Construction Market
Despite the subdued economic backdrop, the Building and Construction Authority (BCA) expects overall construction demand to remain strong, from between S$21 billion and S$27 billion for 2012. Minister of State for National Development, Tan Chuan-Jin said although this projection is lower than the 2011 construction demand, Singapore will continue to see a high level of on-site construction activity this...