
Singapore to double rail capacity to 360km by 2030
Government to invest 'heavily' in rail lines.
According to Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam by 2030, Singapore will be doubling its entire rail capacity to 360km.
"This will be a massive investment. We have a lot more to do in infrastructural investments. We are investing heavily in our rail lines. Over the next ten years, we will expand our rail network by about 100km – more than any other ten-year period in our history," he said at the Budget 2014 Debate Round-Up in Parliament.
"The expansion of Changi Airport will be another important investment – Terminal 5, in order to cater to many more passengers. The airport is a key industry in its own right – staying relevant and competitive in the aviation space is an important economic strategy for us. It is also an important infrastructure for supporting our wider economy," he added.