The Economic Strategies Committee (ESC) on Monday gave extensive recommendations to ensure energy sustainability and the full optimisation of Singapore’s land space, given the island—state’s limited resources.
Among the plans is a new waterfront city at Tanjong Pagar, currently a port area comprising Keppel and Pulau Brani.
The current port lease in the area expires in 2027.
The land area is similar in size to Marina Bay and the committee believes it can potentially allow for a substantial expansion of the business district, integrated with waterfront housing, hotels and other lifestyle attractions.
The committee said there is also a need for an underground master plan.
It said the government should catalyse the development of underground space over the next decade.
The committee also emphasized a need to develop subterranean land rights, a valuation framework and to establish a national geology office.
Channel NewsAsia - Monday, February 1
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