15 Feb '11, 3pm

Gardens by the Bay reaches first milestone

Gardens by the Bay reaches first milestone

SINGAPORE: Singapore's latest national project, Gardens by the Bay, overcame funding difficulties to reach its first milestone on Tuesday with the capping of one of its two giant conservatories, the Flower Dome. The project faced rising construction costs when work started in 2007, leading overall cost to increase by more than 10 percent to over S$1 billion. But with more public and private funding and the use of cost-efficient technology, the project was able to take off, said National Development Minister Mah Bow Tan. "We managed to do some value engineering, bring the cost down slightly and then ask for more funds. And I think the Finance Ministry was very understanding and managed to give us the funds. And we're also of course going for corporate sponsorships," he said. For example, the Kingfisher Lake - one of two main lakes in Gardens by the Bay - was sponsored a mil...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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