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Singapore’s construction market is witnessing steady growth, driven by a series of major projects, including the Keppel Sakra Cogen Plant, the GSK Tuas Vaccines Facility expansion, and the Changi Airframe MRO development. These initiatives are strengthening infrastructure, renewable energy capabilities, and economic resilience. However, regulatory complexities, including zoning laws, environmental assessments, and permitting delays, pose challenges that could impact project timelines and costs. To counter these obstacles, the industry is embracing digital advancements like Building Information Modeling (BIM), streamlining operations, and enhancing project coordination across the sector.
?????????’? ????????? ???????????? ?????? ?????? ?? ????????? ???????????? Singapore’s construction market is witnessing steady growth, driven by a series of major projects, including the Keppel Sakra Cogen Plant, the GSK Tuas Vaccines Facility expansion, and the Changi Airframe MRO development. These initiatives are strengthening infrastructure, renewable energy capabilities, and economic resilience. However, regulatory complexities, including zoning laws, environmental assessments, and permitting delays, pose challenges that could impact project timelines and costs. To counter these obstacles, the industry is embracing digital advancements like Building Information Modeling (BIM), streamlining operations, and enhancing project coordination across the sector.
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Singapore Construction Market to Reach $43.22 Bn by 2030
Singapore Construction Market projects 4.2% CAGR by 2030, fueled by a series of substantial projects initiated across the country.
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