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
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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.
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