Minister for Trade and Industry (Industry) S Iswaran has spoken of plans to remake Orchard Road.
During the annual Tourism Industry Conference, Mr Iswaran said that the Government is determined to keep the evolution in the tourism sector. One of the ways to maintain that is by rejuvenating the tourism hardware and enhancing the software.
The minister then stated that URA, LTA and private sector partners, STB and MTI are looking at ways to remake Orchard Road to transform the precinct into a distinctive and vibrant shopping and lifestyle destination that offers a signature street experience within a city garden.
The minister then added that the private sector has a key role in this effort to remake Orchard Road, by refreshing the experiences within malls and identifying opportunities for transformative redevelopment.
He then stressed that the government will continue to work closely with private sector stakeholders to make Orchard Road a distinctive retail and lifestyle destination, for locals and tourists alike.
The effort by the government might prove to be good for retailers located in Orchard Road.
In a 2016 report, malls across Singapore, including many around Orchard faced a business dull as sales dropped and there were a lack of tenants.
