1. Press releases
Launch of Second Half 2014 Industrial Government Land Sales (IGLS) Programme
18 June 2014
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LAUNCH OF SECOND HALF 2014 INDUSTRIAL GOVERNMENT LAND SALES (IGLS) PROGRAMME
1. The Ministry of Trade and Industry (MTI) today launched its Industrial Government Land Sales Programme for the second half of 2014. To continue to meet potential demand for industrial land, there will be 9 sites in the Confirmed List and 6 sites in the Reserve List, with a total site area of 18.87 ha.
2. One of the sites targeted for multiple-user development will have a shorter tenure of 20 years. The shorter tenure will meet the needs of industrialists for multiple-user development at affordable prices. The site is at Penjuru Road. The proposed land quantum for the second half 2014 represents a continuation of the Government’s efforts to release sufficient land, through the IGLS programme, to moderate industrial land prices and to provide adequate industrial space for industrialists.
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MINISTRY OF TRADE AND INDUSTRY
18 JUNE 2014