MND to step up transformation of building sector
It will adopt advanced building technologies for cleaner, higher quality and less manpower-intensive construction
Singapore
THE Ministry of National Development (MND) will step up the pace of industry transformation for the construction sector, to help them get on a stronger footing post-Covid-19.
"This includes adopting advanced building technologies to allow for cleaner, higher quality, and less manpower-intensive construction. We will drive research, innovation and digitalisation across the built environment value chain, from construction to property transactions services and facilities management," said Minister for National Development Desmond Lee in his ministry's addendum to the President's address.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co