Louis Ng on Significant Infrastructure Government Loan Bill

Bookmark

Louis Ng on Significant Infrastructure Government Loan Bill

(Updated: )

The Significant Infrastructure Government Loan Act (SINGA) will allow the Government to better finance large nationally significant infrastructure projects that will improve national productivity and benefit the society and environment, said MP Louis Ng. Speaking in Parliament on Monday (May 10), he stressed the need for strict and robust safeguards. He asked what measures are in place to ensure the proper use of loans. He also proposed forming a committee to robustly assess if infrastructure projects are indeed nationally significant to get the green light.

mostpopular