More intervention, support needed for Singapore infrastructure sector: report

Singapore

FOR Singapore's infrastructure sector to grow at home and succeed overseas, more intervention and support are needed, a joint report by the Singapore Business Federation (SBF) Infrastructure Committee and KPMG has recommended.

"Local companies are mostly participating in infrastructure projects at the sub-con level and are being crowded out by foreign entrants," said the report. "Intervention is required to allow local companies room to scale up."