Local construction firms 'still playing second fiddle to foreign ones'

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BTExclusive: Local construction firms 'still playing second fiddle to foreign ones'

Many of the foreign firms also get to work on large projects in their home markets, which gives them the upper hand when bidding for large public sector projects in Singapore, says SCAL.HALF of big public sector jobs go to foreign firms, and local contractors want to change that.

Based on figures from the Building and Construction Authority , 50 per cent of public sector contracts worth over S$85 million were awarded to local firms from 2017 to 2019...

 

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Did technology and know-how got properly transferred? If so why are our local industries (construction for example) still lagging so far behind?

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