12 Jun '11, 9pm

Singaporeans: We need more flats. HDB: We need more contractors. Contractors: We need more cheap foreign labor.

SINGAPORE - To realise the Government's commitment to ramp up the supply of flats over the next few years, the Housing and Development Board (HDB) is looking to woo more contractors to bid for public housing projects. Construction companies, however, are urging the Government to postpone its tightening on the influx of imported labour. The construction industry has churned out an average of between 15,000 and 17,000 new flats annually in recent years but is now facing the challenge of building a record 25,000 Build-to-Order flats and tens of thousands of rental flats this year alone, amid what industry players described as a private property development frenzy. To ease the squeeze, the HDB's chief strategy is to rope in contractors who have the capacity but have not been bidding for public housing projects, according to a Ministry of National Development (MND) spokesperson...

Full article: http://www.todayonline.com/Singapore/EDC110613-0000049/HD...

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