Singapore ( AsiaNews / Agencies ) – After being surpassed by Shanghai, since 2010 the number one container port in the world , Singapore has decided to double the capacity of its commercial hub for maritime trade and revitalize its economy .
This is what the city-state’s Prime Minister Lee Hsien Loong has confirmed, thanks to an investment of eight billion dollars to ensure – as expected – an annual growth of 5%. In fiscal year of 2013, the Executive has allocated the first seven million, which will cover the expense for the removal of the terminal with the aim of freeing a thousand hectares ( in Tuas , in the south -west ) for the development vehicles and infrastructure.
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