Labour shortages, tighter foreign worker quotas could push up Singapore construction costs in 2026 amid busy public sector project pipeline

SINGAPORE: Singapore construction costs may increase this year due to labour shortages or tighter foreign worker quotas, as construction activity in the city-state accelerates amid a pipeline of major infrastructure projects in the public sector, according to UOB Kay Hian. In its report on Tuesday (Jan 20), the Singapore-headquartered brokerage firm said, “Following pandemic disruptions, […]
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