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| May 21, 2009 | |
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Addendum to President's Address
Transport projects on track
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| By Christopher Tan SENIOR CORRESPONDENT | |
| SINGAPORE will not take its foot off multi-billion-dollar projects in the transport and logistics sectors despite the global economic slowdown.
Transport Minister Raymond Lim, in his addendum to the President's address, on Thursday said the Government remains committed to maintaining Singapore's position as a leading maritime port and enhancing its appeal as an air hub. Mr Lim also reiterated plans to double the MRT network here by 2020 and raising the standard of bus services to improve the lot for public transport commuters. At the same time, the Government will continue to expand the road network and look to new technologies to optimise road capacity. 'Despite the current economic downturn, the expansion of Pasir Panjang Terminal is proceeding without delay,' the minister said. He said plans to build a new port operations control centre in Changi and work to deepen Singapore's port approaches are also underway. Mr Lim acknowledged that the world's aviation industry has had its wings clipped by the severe slowdown that set in last September. The Civil Aviation Authority of Singapore (CAAS) is handing out $200 million this year to help airlines and airport partners weather the storm. Meanwhile, the Government will work to keep Changi's edge. 'The corporatisation of Changi airport will enable us to make a strategic shift from a position of strength,' Mr Lim said, adding that this allows Changi to respond more quickly to changes. And the airport will be able to attract and retain talent, as well as to pursue overseas businesses and investments more freely. Turning to the Land Transport Masterplan, Mr Lim said the Government remains committed to delivering 'a high-quality and affordable land transport system'. Read the full story in Friday's edition of The Straits Times. | |
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