31st Jan 2008
John Burton
Singapore plans to spend S$28bn ($20bn) on expanding its rail and motorway system in a move designed to boost the construction industry, raise property prices in outlying areas and burnish its image as one of Asia’s greenest cities.
The infrastructure project, one of the largest undertaken by the city-state, will include S$8bn ($5.6bn, €3.8bn, £2.8bn) to build a new motorway and S$20bn for the doubling of the light rail network by adding two new lines. >>>> More
