PropertyWire, 28 Dec 2008
Development projects put on hold in Singapore because of the global financial crisis are to be re-started in a bid to help the struggling property sector.
Medium-sized public projects worth up to £3 billion are being examined and the work is likely to go to smaller contractors and developers who are suffering the most from the economic downturn.
'We are looking at a number of projects and seeing how we can bring forward some of those that have been deferred,' said Mah Bow Tan, minister for national development.
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