Feb. 1 (Bloomberg) -- Singapore should consider using nuclear power and depend less on foreign workers in its efforts to transform the economy in the next decade, a government- appointed panel said.The panel today announced seven proposals to restructure the economy. They include making the city state a hub for global companies seeking to expand in Asia, improving energy security and being more flexible in land usage.
The committee urged the government to study using nuclear energy as a future source of power and the import of coal and electricity. It also recommended the creation of a “waterfront city” on existing port facilities run by the Port Authority of Singapore in the southern part of the island when the lease expires in 2027. Full Story
