Increase In Public Spending To Boost Construction Industry In Singapore: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken research announced its recent publication on Construction in Singapore, Key Trends and Opportunities to 2021. The report provides a comprehensive analysis on the construction industry of Singapore. It provides an in depth analysis on the market, equipment, material and service costs for each project type in Singapore, gives a critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Singapore’s construction industry. Further, it provides the Singaporean construction industry’s growth prospects by market type, project type, construction activity and gives details profiles of the leading operator in the Singapore construction industry. Singapore is one of the most open, least corrupt and amongst the most developed economies of the world. It has a GDP of USD 307.872 bn and is ranked 36th in the world (World Bank statistics). The industry sector occupies 25% of the GDP while the service sector has 75%. The inflation rate and unemployment level is low and stable. Its corporate tax rate is at 17%, the lowest in the Asia- pacific region. It was the first Asian nation accredited with the AAA rating. The strength of this economy lies in its stable political and sound economic system. The nation is known for its excellent business environment and banking sector. Singapore has emerged as a high income country that is major trading regional and global hub for financial and trading services. Thus, this nation has become one of the very few nations, which has current account surplus, ample foreign reserves and very low public external debt. However, on the other hand Singapore is highly dependent on exports, has a quite volatile. Singapore is the second densest sovereign state with a population of 5.69 billion spread over an area of. The nation has a multiracial and multicultural population but is dominated by people of Chinese ethnicity. The fertility rate is quite low, around 1.25 and has been a concern for the government. The literacy rate (97%) is one of the highest in the world and the unemployment rate is low. The average life expectancy is approximately 83 years. However there is a paucity of highly skilled professionals and has very high old age dependency ratio. The construction industry in Singapore has shown positive growth in the time period (2012-2016). The government allocated over 200 million pound to boost the rail and road infrastructure worldwide. As the Singaporean government has increased the public spending it will not only boost the infrastructure but also give an added leverage to the construction market in the upcoming years. The civil engineering construction demand is expected to be strong as projects like new MRT lines, the North-South Expressway, associated infrastructure. Works for Changi Airport Terminal 5 and phase 2 of the Deep Tunnel Sewerage System has been undertaken. However, last year in a press conference a senior minister of State for National Development Desmond Lee said that private sector construction demand has slowed but Singapore has a hefty pipeline of public sector projects, of which is needed for Singapore’s long-term needs. Companies Covered United Engineers Ltd, Chip Eng Seng Corporation Ltd, Lian Beng Group, Sim Lian Group Ltd, BBR Holdings Key Factors Considered in the Report Singapore Construction Industry Research Report Singapore Construction Industry Trends Singapore Construction Market Forecast Global Construction Industry Research Singapore Commercial Construction Industry Singapore Residential Construction Market New Construction Projects Singapore Singapore Construction Equipment Market Singapore Construction Industry Competition For more coverage click on the link below https://www.kenresearch.com/manufacturing-and-construction/infrastructure/construction-singapore-key-trends-opportunities/82331-97.html Related links https://www.kenresearch.com/manufacturing-and-construction/infrastructure/worldwide-construction-industry-research-report/115-97.html https://www.kenresearch.com/manufacturing-and-construction/real-estate/residential-construction-singapore/34319-97.html https://www.kenresearch.com/manufacturing-and-construction/real-estate/non-residential-construction-singapore/26005-97.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Global construction industry research, New Construction Projects Singapore, Singapore Commercial Construction Industry, Singapore Construction Equipment Market, Singapore Construction Industry Competition, Singapore Construction Industry Research Report, Singapore Construction Industry Trends, Singapore Construction Market Forecast, Singapore Construction Market Size, Singapore Residential Construction Market