Masagos Zulkifli on Public Utilities (Amendment) Bill
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Masagos Zulkifli on Public Utilities (Amendment) Bill(Updated: )
Singapore will ring-fence financing for coastal protection measures and appoint PUB to take charge, under the Public Utilities (Amendment) Bill. The management of water plants will also come under greater scrutiny to protect national interests. Environment and Water Resources Minister Masagos Zulkifli, who outlined the proposed changes in Parliament on Friday (Mar 6), said Singapore has to use a combination of funding tools - the Coastal and Flood Protection Fund, borrowing, budget from the Government-of-the-day, as well as past reserves.