| 06.04.2009 - Singapore: Construction faces crunch |
| From Straitstimes.com: Construction firms that rely heavily on private-sector projects face tough times ahead as more property developers delay building works. Even public spending recently earmarked for infrastructure work may not be enough to tide contractors over the slump in demand, as 60 per cent of such spending is for specialised civil engineering works which a typical contractor cannot take on.....Full Article: Source |