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Our world-class infrastructure
has helped to keep us in front in a highly competitive
environment by keeping our total business cost
relatively low. We must continue to invest in
building our longer-term productive capacity.
Key economic infrastructure projects we will push
on with include reclamation at Changi East, Jurong
Island Phase 3 and the upgrading of industrial
facilities at Tuas. This counter-cyclical spending
will boost the economy, and enable us to take
advantage of lower construction costs during the
regional slowdown. |