Arcachon
08-05-14, 15:08
http://www.businesstimes.com.sg/breaking-news/singapore/singapore-population-gains-most-infrastructure-study-20140507
PUBLISHED MAY 07, 2014
Singapore population gains most from infrastructure: study
BYKELLY TAY
[email protected] @KellyTayBT
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Emak SG Infrastructure 070514
Singapore gains the most economic returns (on a per capita basis) from its buildings and infrastructure, according to a new global study published on Wednesday, May 7, 2014, by design and consultancy firm Arcadis - ST FILE PHOTO: ALPHONSUS CHERN
SINGAPORE gains the most economic returns (on a per capita basis) from its buildings and infrastructure, according to a new global study published on Wednesday by design and consultancy firm Arcadis.
The report measures how much built assets contribute to a country's GDP. Built assets refers to all sorts of infrastructure, including residential and non-residential construction, roads, manufacturing plants, and land reclamation projects.
When adjusted for the size of its population, Singapore stands in first place - Arcadis says in 2013, infrastructure generated an estimated US$29,500 (S$36,840) for each member of the population. The firm expects the figure to remain "broadly the same" this year.
The number is "significantly higher" than those in second and third place - Qatar and the United Arab Emirates generated US$20,500 and US$17,500, respectively, last year.
PUBLISHED MAY 07, 2014
Singapore population gains most from infrastructure: study
BYKELLY TAY
[email protected] @KellyTayBT
PRINT |EMAIL THIS ARTICLE
Emak SG Infrastructure 070514
Singapore gains the most economic returns (on a per capita basis) from its buildings and infrastructure, according to a new global study published on Wednesday, May 7, 2014, by design and consultancy firm Arcadis - ST FILE PHOTO: ALPHONSUS CHERN
SINGAPORE gains the most economic returns (on a per capita basis) from its buildings and infrastructure, according to a new global study published on Wednesday by design and consultancy firm Arcadis.
The report measures how much built assets contribute to a country's GDP. Built assets refers to all sorts of infrastructure, including residential and non-residential construction, roads, manufacturing plants, and land reclamation projects.
When adjusted for the size of its population, Singapore stands in first place - Arcadis says in 2013, infrastructure generated an estimated US$29,500 (S$36,840) for each member of the population. The firm expects the figure to remain "broadly the same" this year.
The number is "significantly higher" than those in second and third place - Qatar and the United Arab Emirates generated US$20,500 and US$17,500, respectively, last year.