Singapore Budget 2018: S$250m set aside for sustainability projects
THE government will launch an Energy Grid 2.0 to develop next-generation energy grid architectures that can respond quickly and reliably to changes in energy demand and supply, Finance Minister Heng Swee Keat said on Monday.
Singapore has also begun work on a "Closing the Waste Loop" project, using technology to minimise the environmental impact of the waste generated.
Meanwhile, the Cities of Tomorrow R&D programme was launched last year to drive innovation in urban development.
These three programmes will cost S$250 million.
For more Budget 2018 stories visit bt.sg/budget18
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations