| Reuters July 22, 2008 SINGAPORE THE government will postpone an additional S$1.7 billion ($1.26 billion) worth of public sector projects to ease pressure on construction resources in Singapore, state television reported on Tuesday, July 22. This brings the total value of public sector construction projects pushed to 2010 and beyond to S$4.7 billion, Channel NewsAsia reported. The government had earlier announced that it would postpone about S$3 billion worth of public sector projects till after 2009. The Building and Construction Authority said the additional deferment would allow existing construction resources to be channelled towards the timely delivery of big projects like the two Singapore casinos, the Marina Business Financial Centre and the downtown subway line. The deferred projects include less urgent improvement works, but do
not involve public housing building and upgrading programmes. |
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