When Singapore celebrated its 50th birthday as an independent country in August, the city state bore little resemblance to the tiny island nation that was expelled from Malaysia in 1965.
Years of strong growth have turned it into an international financial and shipping hub with spotless streets, well-tended parks and living standards unmatched in Southeast Asia.
Not only has its GDP per capita risen by more than 4,400 percent, according to government statistics, but its physical stature has swollen by 20 percent since independence thanks to one of the world’s most aggressive land reclamation drives.
With a population of 5.5 million spread over just 719 sq km, Singapore has outlined plans to expand further over the coming decades, for both housing and for financial and industrial growth. Container terminals, industrial estates, petrochemical factories and the Changi Airport, repeatedly voted the world’s best, are built on reclaimed land. Full story...
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Years of strong growth have turned it into an international financial and shipping hub with spotless streets, well-tended parks and living standards unmatched in Southeast Asia.
Not only has its GDP per capita risen by more than 4,400 percent, according to government statistics, but its physical stature has swollen by 20 percent since independence thanks to one of the world’s most aggressive land reclamation drives.
With a population of 5.5 million spread over just 719 sq km, Singapore has outlined plans to expand further over the coming decades, for both housing and for financial and industrial growth. Container terminals, industrial estates, petrochemical factories and the Changi Airport, repeatedly voted the world’s best, are built on reclaimed land. Full story...
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