More intervention, support needed for Singapore infrastructure sector: report
Add BT as a preferred source
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."
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI
