[Sent on 8 Mar 2022]
$184 Million to Accelerate Industry Transformation towards a more Resilient and Future-Ready Built Environment (BE)
The BE sector has been hard hit by the COVID-19 pandemic. However, with close partnership with industry stakeholders, the sector is seeing signs of recovery, with construction output recovering to close to pre-COVID levels. Some challenges still remain but the industry has recognised the need to accelerate ongoing transformation efforts to achieve long-term resilience and sustainability.
At the Ministry of National Development’s Committee of Supply debate today, several key initiatives were introduced to support willing and progressive firms in their transformation journey, and help them enhance their capabilities and capacity for a future-ready BE sector.
For more information on BE-related COS announcements made today, refer to the infographic attached above or visit:
Media Release
Annexes
Infographic
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