Friday, December 12, 2008

HDB brings forward some projects to help smaller contractors

THE government could bring forward some of the $4.7 billion worth of public sector projects put on hold earlier, as well as push forward some other projects by the various ministries, Minister for National Development Mah Bow Tan said yesterday. A list of projects to be brought forward as well as their total value will be released by early next year, and could be unveiled during the Budget, he said.

‘We’re in the process of looking at these projects and seeing how we can bring forward some of these deferred projects. This is an exercise that is ongoing at the moment,’ said Mr Mah yesterday during an HDB event.

The various ministries are also looking at bringing forward some of their projects, he said.

For HDB and the Ministry of National Development (MND), programmes such as lift upgrading, Home Improvement and Neighbourhood Renewal programmes will also be considered, Mr Mah said.

Source : Business Times - 13 Dec 2008

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