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Firms not surprised by S$10b cut in forecast for construction demand

Published Thu, Sep 17, 2020 · 09:50 PM
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Singapore

CONSTRUCTION firms say they are not surprised that the Building and Construction Authority (BCA) has lowered its forecast for this year's projected construction demand by S$10 billion, given the slow recovery in the sector since resuming operations.

The BCA had, in January, said it expected demand to come in at S$28 bil…

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