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03 Feb 2026
How one country is engineering its way out of a construction cost crisis
Summary
Singapore’s construction industry is experiencing a boom, with major projects like the $8 billion Las Vegas Sands development and a new Changi Airport terminal underway. However, the industry faces challenges such as high construction costs, labor shortages, and the need for technological advancements. To address these issues, Singapore is investing in technology, including robots and automation, and implementing training programs to bridge the skills gap.