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7SINGAPOREBUILDERSDIRECTORY2024/2025between$25billionand$32billionperyearfrom2024to2027Thereportalsonotedthatdemandwillcontinuetobeledbythepublicsectorwhichisexpectedtocontribute$14billionto$18billioneveryyearduringthisperiod–with60%ofdemandconsistingofbuildingprojectsandtherestcivilengineeringworksThisincludespublichousingdevelopmentsandMassRapidTransit(MRT)systemprojectssuchastheCrossIslandLine(Phases2&3)DowntownLineExtensiontoSungeiKadutandBricklandNorthSouthLinestationToaPayohIntegratedDevelopmentandtheWoodlandsCheckpointredevelopmentMeanwhileBCAexpectsprivatesectorconstructiondemandtoremainstableoverthecomingyearsbringinginaround$11billionto$14billionperannumfrom2024to2027MajorProjectsandMilestonesFurtherproofofthesectorsresilienceandrecoveryisevidencedbythenumerousprojectsandmilestonesachievedoverthepastseveralyearsTheseprojectshighlightthecapabilitiesoflocalfirmsandsetnewbenchmarksindesignsustainabilityandconstructionpracticesOneofthemostnotableprojectsisthelatestgemisChangiAirportscrownJewelAsaone-of-a-kindnature-themedentertainmentandretailcomplexJewelChangiAirporthascontinued to garner attention foritsiconic designandintegrationofgreenerywithinanurbanenvironmentThismixed-usedevelopmentfeaturingtheworldstallestindoorwaterfallandalushindoorforestexemplifiestheblendingoffunctionalityandaestheticsThisiconicprojecthasundoubtedlysetanewstandardforairportsdesignsworldwideshowcasingtheoutstandingtalentsinoursectorandprovingSingaporesabilitytokeepinnovatingandpushingtheboundariesofarchitecturalexcellenceAnexcitingmilestonejustaheadistheanticipatedcompletionofthePunggolDigitalDistrict(PDD)whichissettoopeninthethirdquarterof2024TheBusinessTimesbillstheprojectasSingaporesfirstsmartandsustainablebusinessdistrictwhichwillprovideanecosystemforkeygrowthsectorsinSingaporesdigitaleconomyincludingcybersecurityartificialintelligenceandroboticsfintechandsmartlivingAsanall-inclusiveenterprisedistrictwithabusinessparkuniversityandcommunityfacilitiesPDDrepresentsanewmodelofurbandevelopmentThisprojectemphasisestheintegrationofsmarttechnologiesandsustainablepracticescreatingavibrantandconnectedcommunityPDDsinnovativeuseofdigitalinfrastructureandgreenbuildingfeaturesisatestamenttoSingaporescommitmenttosmartcitydevelopmentandourambitiousSmartNationvisionTheongoingdevelopmentoftheGreaterSouthernWaterfront(GSW)alsomarksasignificantmilestoneinurbanplanningThistransformativeprojectaimstoredevelop30kilometresofSingaporescoastlinestretchingfromGardensbytheBayEasttoPasirPanjang–creatingnewresidentialcommercialandrecreationalspacesTheGSWprojectispoisedtoenhanceconnectivityandliveabilityandcontributesignificantlytoSingaporeslong-termurbandevelopmentgoalsThesemajorprojectsarenotonlyachievementsintheirownrightbutalsoprovidevaluablelessonsandinsightsforfuturedevelopmentsTheyalsodemonstratetheimportanceofinnovationsustainabilityandcollaborationinachievingexcellenceinthebuiltenvironmentGreenBuildingsforaGreenerSingaporeWiththesectorlookingstrongwetakeadeeperdiveintothetrendsandfactorsthatarecontributingtoindustrydemandOneareathathasseenasignificantshiftisourcountrysmovetowardssustainabilityandgreenbuildingpracticesThisshiftisnotonlyareflectionofournationsgreenheritagebutalsoanecessitydrivenbyaglobalemphasisonreducingenvironmentalimpactandpromotingresourcesefficiencySingaporehasbeenattheforefrontofthismovementwithnumerousinitiativesaimedatencouragingsustainableconstructionTheSingaporeGreenBuildingMasterplan(SGBMP)launchedin2021byBCAandtheSingaporeGreenBuildingCouncil(SGBC)isoneofthesegame-changinginitiativesThemasterplantargetsthreeambitious80-80-80goalsby2030Ensuring80%ofbuildingsbygrossfloorarea(GFA)aregreenhaving80%ofnewdevelopments(byGFA)beSuperLowEnergy(SLE)buildingsfrom2030onwards