SINGAPORE — Prime Minister Lee Hsien Loong on Sunday (Aug 21) introduced plans for a “new enterprise and life-style vacation spot” to be constructed subsequent to Changi Airport Terminal 5 and gave updates on the most recent airport terminal, Tuas Port and the relocation of Paya Lebar Air Base, which might see 150,000 new properties constructed on the location.
“This shall be a brand new enterprise and life-style vacation spot, creating extra jobs and alternatives for Singaporeans,” Mr Lee stated of the realm subsequent to Terminal 5, which might be referred to as Changi East City District.
Mr Lee spoke of the significance of continuous to improve the nation’s airport and seaport on condition that they’re crucial to placing Singapore on the world stage.
“They join us to the world, and maintain Singapore a thriving enterprise and buying and selling hub,” he stated throughout his Nationwide Day Rally speech on the Institute of Technical Training headquarters in Ang Mo Kio.
Though the Authorities had paused its plans for Terminal 5 for 2 years as a result of Covid-19, it had “made good use of the down time” to enhance its design in order that it is going to be extra resilient and have the ability to function extra safely and flexibly throughout a pandemic, he added.
The Authorities has additionally assessed that the long-term prospects for air journey stay vibrant, notably with a fast-growing center class within the area.
“Our selections to press on with Changi Terminal 5 and Tuas Port ship a robust and clear sign to the world that Singapore is rising stronger from the pandemic and charging full steam forward,” Mr Lee stated, noting that Singapore’s seaport, as an illustration, serves not simply the nation, however many nations round it.
When Asia was rising strongly a decade in the past, Singapore anticipated that the enterprise of port operator PSA would develop in tandem, Mr Lee added.
Though the present terminals at Tanjong Pagar, Brani, Keppel and Pasir Panjang have been working high-quality, a choice was made to consolidate all of the port operations into one mega-port at Tuas.