S'pore Highlights Positive Outlook for Construction Industry

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Greening our Buildings – a Key Growth Area

To sustain and grow the industry in the medium term, the industry should go beyond traditional construction. It must move into the cutting edge of technology and build capabilities in the key growth area of Green Buildings. In this regard, we have introduced incentives schemes and training programmes to build capability and grow the pool of professionals needed. Let me elaborate.

Green Incentives

As part of the 2nd Green Building Masterplan, we launched two new incentive schemes in April 2009, namely, the Green Mark GFA Incentive Scheme and the Green Mark Incentive Scheme (GMIS) for Existing Buildings. The response to date has been encouraging. A total of 19 applications for these two schemes have been received and they are being evaluated. I encourage the industry to actively tap on these schemes to pave the way for the greening of our built environment.

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Source: The Gov Monitor, 2010-01-13, Link