after spending 100 billion, pap has no more money for mrt expansion liao...

[sweetiepie]

KNN my uncle prefer to dismantle instead of build KNN life in 80s without mrt was much better KNN

 

[laksaboy]

Yes.
Construction is one of the key gdp contributor

If you're a totalitarian shithole without creativity or innovation, building infrastructure, flogging land and pimping property are your only ways to achieve economic growth. Eventually it becomes unsustainable.

 

[CPTMiller]

If you're a totalitarian shithole without creativity or innovation, building infrastructure, flogging land and pimping property are your only ways to achieve economic growth. Eventually it becomes unsustainable.

No.
You are wrong
It works for decades.
It will still work as long old or new land is rebuilt as per the government wishes.
Don't forget construction bring in nearly half million migrant workers Which contribute to tax collection too.
Also population griwth going to be 10million .
So there is always demand for properties.
Don't under estimate the important of construction sector on the economy

 

[frenchbriefs]

No.
You are wrong
It works for decades.
It will still work as long old or new land is rebuilt as per the government wishes.
Don't forget construction bring in nearly half million migrant workers Which contribute to tax collection too.
Also population griwth going to be 10million .
So there is always demand for properties.
Don't under estimate the important of construction on the economy

It works better if we are not spending 20 billion of our own money to "generate" growth...

I mean seriously......if u need to spend that much money to generate growth

At least get one of those s.e.a. countries to sign up our debt traps or something.

 

[CPTMiller]

It works better if we are not spending 20 billion of our own money to "generate" growth...

I mean seriously......if u need to spend that much money to generate growth

At least get one of those s.e.a. countries to sign up our debt traps or something.

The 20bil spending is for future Collection.
10 million population compare to now 6mil??
Big money can be collected and government is know best.
Which opposition party dare to give another proposal to counter the 20bil to be spend?
None... Ok.
Look at our lovely wp mp???

 

[frenchbriefs]

The 20bil spending is for future Collection.
10 million population compare to now 6mil??
Big money can be collected and government is know best.
Which opposition party dare to give another proposal to counter the 20bil to be spend?
None... Ok.
Look at our lovely wp mp???

20 billion is for one line, total estimated cost is 60 to 80 billion.

60 billion is a shyt ton of money for a country of 5 to 6 million......

There are countries with 5 to 15 times our population who dream of having 80 billion dollars in reserves.

That money could easily repay 1/3rd of Greece's debt.

I'll let u know when we come up with an economic plan on how to blow 80 billion dollars to "boost" GDP.