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Economists applaud Spore s Budget 2024, but some concerned about sustainability of cash handouts

New Generation of Leaders Preparing to Guide Singapore s Future

New Generation of Leaders Preparing to Guide Singapore s Future
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Jurong Island: Singapore s Petrochemical Hub

Jurong Island: Singapore’s Petrochemical Hub Share Singapore has grown to become one of Asia’s, and one of the world’s leading and most cost effective locations for producing petrochemicals. At the heart of this success is Jurong Island, which started out as a collection of small islands and is now home to three major oil companies. Muriel Axford reports. Sign up here for GlobalData s free bi-weekly Covid-19 report on the latest information your industry needs to know. In an ambitious land reclamation project that was officially completed in 2009, Singapore has connected seven of its islands to form Jurong Island. The island has a land mass of some 3,000ha and, according to Singapore’s Economic Development Board (EDB), hosts more than 95 companies from the US, Europe and Asia.

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