Medium-sized public projects now on hold will be restarted to help smaller contractors

The government of Singapore may bring forward more than 拢3bn of deferred construction projects to kick-start the ailing economy.

Minister for national development Mah Bow Tan told local reporters that medium-sized public projects that had previously been put on hold may be revived to help smaller contractors.

He told the Straits Times: 鈥淲e're in the process of re-looking at these projects and seeing how we can bring forward some of these deferred projects. This is an exercise that's ongoing at the moment.鈥�

Details of the chosen projects will be released early in the new year. Schemes that have been halted in the past 12 months include an extension to the Changi prison, a national art gallery and the Jurong general hospital.

The minister also said that plans are under way to encourage banks to help contractors through periods of tight credit.

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