Share more information on financial aspects of giant tunnels

I am concerned about the large bill of $2.4 billion for the giant tunnels that will safeguard Singapore's electricity supply network in the future (Giant tunnels to safeguard power supply network; Dec 20).

I do not recall seeing any figures on the payback period for this project but I expect that the projected savings would be used to justify such a large expenditure.

Can the relevant agency share this information with the public?

The article also indicated that space in the tunnels could be leased to the telecommunication companies.

I am surprised that this is not already the case.

It would make commercial sense to have already made a long-term agreement on how the space can be used by the telecommunication companies, and the rates to be charged.

If this is left to negotiation only now, it could be a matter of horse-trading, and that could be detrimental to garnering the best results for the country.

I hope that the Government will intervene rather than leave this to market forces.

Tan Kin Lian

A version of this article appeared in the print edition of The Straits Times on December 23, 2017, with the headline 'Share more information on financial aspects of giant tunnels'. Print Edition | Subscribe