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Singapore will spend 400 million Singapore dollars on upgrading its drainage system.


 

As part of efforts to improve flood resilience

Part of the effort

Singapore will be investing

an additional S$400 million over the next two years

to upgrade and maintain its drainage systems

 

 

Although Singapore has made efforts to protect the environment

improve response capabilities

Singapore remains vulnerable to the impacts of climate change

 

 

“We can thank our pioneering leaders for putting us in a better position, but the urgency of environmental challenges cannot be underestimated... We must maintain a sober awareness of Singapore’s vulnerability as a low-lying island state with no natural resources and no hinterland to retreat to if sea levels rise,” said Masagos:

It is because of this

that it is necessary to invest in long-term planning

implementing solutions

 

 

Singapore has already

spent approximately S$1.8 billion on drainage improvement projects

These include the completion of last year’s

Stamford Diversion Canal and

the Stamford Detention Tank

the Stamford Detention Tank

 

“Singapore has always prided itself on its foresight and long-term planning. By planning early, we can take the necessary measures in a timely and phased manner, while also spreading the costs over many years.” 
He said: “We must be prepared to make the necessary investments to protect Singapore from rising sea levels and to protect critical infrastructure from the 'perfect storm'.”

 

Singapore FOZL Group is a

licensed corporate advisory firm by the Accounting and Corporate Regulatory Authority of Singapore

Singapore Company Registration, Annual Return, Accounting

Trademark Registration, Internal Audit, Business Consulting

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