Singapore announces huge infrastructure projects

SG Lee
Singapore Prime Minister Lee Hsien Loong

Singapore Prime Minister Lee Hsien Loong presented a master plan on August 18 to double capacity of the city state’s airport, the third-busiest in ASEAN, build a new waterfront city, move its massive port and relocate a military airbase to free up land for development.

The move follows criticism among Singaporeans who feel that the island is running out of space to accommodate its 5.3 million inhabitants, discontent about rising living costs and shrinking opportunities for natives over an influx of foreign workers and expatriates.

Lee also announced changes to Singapore’s health-care and education systems,much debated issues that contributed to the ruling party’s worst-ever result in 2011 general elections. A state-administered health insurance plan will be extended to cover people as long as they live, up from the current cap of 90 years. Subsidised housing would be accompanied by more grants for lower- and middle-income Singaporeans to enable them to buy their own homes.

Changi airport will receive a fourth runway to step up capacity. This will allow to move a military airbase from central Singapore to Changi after 2030 and free up 800 hectares of land for homes, factories and businesses.

Singapore’s port, the world’s second-busiest hub for container shipping behind Shanghai, will be moved to a new location in Tuas in western Singapore from 2027. That would free up land next to the central business district for a new waterfront city.



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[caption id="attachment_14217" align="alignleft" width="300"] Singapore Prime Minister Lee Hsien Loong[/caption] Singapore Prime Minister Lee Hsien Loong presented a master plan on August 18 to double capacity of the city state's airport, the third-busiest in ASEAN, build a new waterfront city, move its massive port and relocate a military airbase to free up land for development. The move follows criticism among Singaporeans who feel that the island is running out of space to accommodate its 5.3 million inhabitants, discontent about rising living costs and shrinking opportunities for natives over an influx of foreign workers and expatriates. Lee also announced changes to...

SG Lee
Singapore Prime Minister Lee Hsien Loong

Singapore Prime Minister Lee Hsien Loong presented a master plan on August 18 to double capacity of the city state’s airport, the third-busiest in ASEAN, build a new waterfront city, move its massive port and relocate a military airbase to free up land for development.

The move follows criticism among Singaporeans who feel that the island is running out of space to accommodate its 5.3 million inhabitants, discontent about rising living costs and shrinking opportunities for natives over an influx of foreign workers and expatriates.

Lee also announced changes to Singapore’s health-care and education systems,much debated issues that contributed to the ruling party’s worst-ever result in 2011 general elections. A state-administered health insurance plan will be extended to cover people as long as they live, up from the current cap of 90 years. Subsidised housing would be accompanied by more grants for lower- and middle-income Singaporeans to enable them to buy their own homes.

Changi airport will receive a fourth runway to step up capacity. This will allow to move a military airbase from central Singapore to Changi after 2030 and free up 800 hectares of land for homes, factories and businesses.

Singapore’s port, the world’s second-busiest hub for container shipping behind Shanghai, will be moved to a new location in Tuas in western Singapore from 2027. That would free up land next to the central business district for a new waterfront city.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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