Singapore’s Urban Redevelopment Authority (URA) today (Aug 25) made an announcement claiming that the Jurong Lake District will create more than 100,000 new jobs, but the deadline is some 23 years away on 2040.
“The new jobs will largely be created in the maritime industry owing to the future Tuas mega port, infrastructure development due to the neighbouring Jurong Industrial Estate, and in the technology sector with the Nanyang Technological University and the planned Jurong Innovation District nearby.”
The URA said that Jurong Lake District will be Singapore’s second central business district with residential housing in the 360-hectare area, but it still does not have actual plans to know how much percentage will be for business. The Singapore-Kuala Lumpur High-Speed Rail station terminal will also be located at Jurong Lakeside, which the government intended to build the business district at. URA also claimed that the Jurong Lake District will have one bus stop every 400m away to make the area “car-lite”.
The 2040 deadline is however 10 years later than the 6.9 million population target by 2030. The 100,000 new jobs URA promised will likely be mostly taken up by newcomer foreigners by 2040. Unemployment figures are currently at its 7-year-high and the country’s infrastructures are showing various signs of fatigue and stress due to overpopulation. Water prices have recently increased by 30% to build more water facilities to accommodate the 6.9 million population target, there is also insufficient hospital beds at the moment with patients having to made do with sleeping along the hospital corridors.