High Commissioner Simon Wong talks to The Indian Express, among different things, about his country’s investments in India, the sectors Singapore is searching at, and the states that are business-friendly.
The Singapore Stock Exchange (SGX) opened its workplace in Gandhinagar final October and is set to begin seamless buying and selling in July. Last week, on a go to to Gujarat, Singapore High Commissioner Simon Wong spoke solely to The Indian Express on a vary of subjects, such as the inexpensive housing task being constructed beneath the Pradhan Mantri Awas Yojana (PMAY) in collaboration with a Singaporean association and the relationship between the two nations after Singapore PM Lee Hsien Loong’s in the past this yr stated nearly 1/2 the parliamentarians in the Lok Sabha had crook expenses pending in opposition to them.
What is the development in the public housing project?
Our agency Surbana Jurong has received approval to construct 15,000 housing devices in 4 districts of Gujarat — Ahmedabad, Rajkot, Vadodara and Surat. The task having 1,000 gadgets in Hathijan (Ahmedabad) is in section six. These housing devices are constructed for weaker sections of society and are priced at Rs 5.5 lakh (1 BHK, four hundred rectangular feet) the place the authorities is giving a subsidy of Rs three lakh. The housing devices are in 1 BHK and 2BHK formats. This task is modelled after the Singapore Public Housing mission of the late 1960s. The Singapore government’s function is to seem at the venture costing and design, the administration of the estate, and how to combine some of the great practices from Singapore. It is to show to the wider society that public housing is now not terrible housing. It is viable, you can cowl some of the prices with subsidies, and can uplift people’s lives.
What is the science used?
In the Gujarat context, in many large cities in India, it (housing) is very concrete-based. We are attempting to seem to be at the terrain — you do no longer want retention walls, no thick partitions the place water flows down due to the fact of gravity. Using herbal surroundings to reduce costs. Basic fabric is what is located naturally on land.