Singapore Plans Massive Infrastructure Spending

Singapore plans to invest 18 billion to 20 billion Singapore dollars ($12 billion to $13 billion) in infrastructure projects this year, China’s Xinhua news agency reported Monday, citing a government official.

Singapore Plans Massive Infrastructure Spending

Todays, 26th March 2009 Singapore Expat News come from “MarketWatch.com“.

The news article describes how Singapore has planned massive investments towards projects such as a new international cruise terminal, new roads and parks, and the upgrading of schools, sports facilities and public housing estates throughout the city-state.

Article: Singapore Plans Massive Infrastructure Spending (Read It Here)

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Comments: Massive Investments In A Time Of Global Recession?

How and what do you personally think about Singapore’s plans to spend 20 billion Singapore dollar in new projects through the country at these uncertain times?

Please write down your thoughts in the comments below!

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