S$450m to boost productivity in the construction sector
This second tranche of funds is expected to benefit about 7,000 firms in the built-environment sector
Add BT as a preferred source
Singapore
TO raise productivity in the construction sector, the government will set aside S$450 million for the second tranche of the Construction Productivity and Capability Fund (CPCF) for the next three years.
This fresh funding, provided under the Second Construction Productivity Roadmap of the Building and Construction Authority (BCA), was announced by Senior Minister of State for National Development Lee Yi Shyan during the Committee of Supply debate on the ministry on Tuesday.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Is it time to scrap COE categories for cars?
