Singapore Construction

Construction sector to get more boost

The Building and Construction Authority (BCA) has taken another step forward to help boost productivity in the sector with a technology initiative. BCA has tied up with software modelling company Tekla and the Institute of Technical Education (ITE) to promote the use of building information modelling (BIM) among industry practitioners. BIM is a three dimensional (3D) technology that can change the way...

Khaw Boon Wan on raising construction productivity

National Development Minister Khaw Boon Wan said the local construction industry needs to raise productivity through standardisation and prefabrication. In his latest blog entry, he said Singapore can try to build more flats with fewer foreign workers, if construction productivity is raised. Singapore is adding another 25,000 public flats this year through the Build-to-Order scheme, and needs some 30,000...

Construction and industrial sectors slow: Mapletree

Mapletree Logistics reported a slowdown in activity in the construction and industrial sectors. Mapletree is a real estate trust that specialises in logistics and industrial property. At the release of the logistic report on Wednesday, Mapletree's chief executive, Richard Lai, said high consumption rates in Singapore and around the region had kept demand for industrial space high, but the global economic...

Singapore’s construction industry set to expand

Singapore's construction industry is set to grow over the next two years, but the global economic uncertainty ahead could cause "havoc" on financial markets and business confidence. President of the Singapore Contractors Association Limited (SCAL), Ho Nyok Yong, made this point at a dinner on Tuesday evening. Dr Ho said the construction industry's growth will be sustained by demand for public housing and...

Minor community and infrastructure project bumped until after 2009

The government's move to defer another S$1 billion worth of construction projects beyond 2009 is being welcomed by industry players. They said it will help to ease pressures on the supply side, allowing for critical private sector projects to go ahead. Still, they expect construction costs to hold up - and even jump by 10 to 15 per cent in 2008. Work is already underway at the two integrated resorts at...

Govt will continue to manage increases in construction costs

Trade and Industry Minister Lim Hng Kiang has urged developers and contractors not to price in expectations of increases in costs into their tenders for projects. Speaking to reporters on the sideline of a groundbreaking ceremony on Friday, he said that the government would continue to manage the increase in cost of steel and other materials and try to mitigate the impact of higher costs. He said: “The...

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