STB looks to harness potential of the Jurong Lake site
There were no submissions for the site.
Minister of State for Trade and Industry Low Yen Ling said they are confident in the potential of Jurong Lake District site, adding that they will explore possibilities to promote it.
The request for proposal at the site was launched in March 2022 and ended in October last year. However, there were no submissions for the development.
“The war in Ukraine coupled with the overall slowdown in the global economy created an uncertain economic environment during that period, especially for the tourism sector,” Low said in an oral answer to the Parliament.
The site is near the new Science Centre and Jurong Lake Gardens.
It comprises three plots of land linking the existing commercial centre at Jurong East MRT interchange station to the new precinct and the future Jurong Lake District station of the Cross Island Line.