Massive cost overrun in infrastructure projects in Singapore in recent years

The media reported on Thu (‘Final stage of Circle Line to cost $4.85b‘, 11 Apr) that the final stretch of Circle Line which would add three more stations linking Marina Bay to HarbourFront is expected to cost $4.85 billion. But in 2015, it was projected that it should cost only $3.7 billion. Hence, there is … Continue reading Massive cost overrun in infrastructure projects in Singapore in recent years