The construction contracts in Singapore by Building and Construction Authority (BCA) projects are expected to increase between USD47 billion and USD53 billion in 2025, marking a rise from the estimated USD44.2 billion in 2024. The increase is attributed to large public infrastructure projects, including upgrades to public housing, the construction of Changi Airport Terminal 5, and the expansion of Marina Bay Sands.
BCA anticipates steady demand from 2026 to 2029, driven by MRT projects and public housing developments. To boost industry productivity, authorities are encouraging digitalization, robotics, and automation. Additionally, the CoreNet X platform will streamline project approvals, reducing processing times by 20 per cent and improving efficiency.