Committee of Supply 2022 debate, Day 1: Shawn Huang on ensuring 'best value' in infrastructure spending
Construction methods aided by better technology and materials can improve the build costs of infrastructure and increase their usable lifespan, said MP Shawn Huang in Parliament on Wednesday (Mar 2). He noted that in certain circumstances, a higher initial capital outlay may lower operating costs, contributing to a lower life-cycle cost. He wanted to know how the Government ensures that its expenditure delivers the best value over an entire life cycle.
Construction methods aided by better technology and materials can improve the build costs of infrastructure and increase their usable lifespan, said MP Shawn Huang in Parliament on Wednesday (Mar 2). He noted that in certain circumstances, a higher initial capital outlay may lower operating costs, contributing to a lower life-cycle cost. He wanted to know how the Government ensures that its expenditure delivers the best value over an entire life cycle.
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