SINGAPORE, June 26 (Xinhua) -- Singapore's Second Minister for National Development and Home Affairs Desmond Lee urged local construction firms, especially small and medium-sized enterprises (SMEs), to get in step with the times.
He said the push for technology in the building and construction sector may cause some companies to shut down or consolidate if they do not keep pace, the Straits Times reported on Monday.
The road map for the future of the construction sector, known as the industry transformation map, will be released later this year, he added.
The Singaporean government has been pushing forward the use of new technologies in the construction sector. These technologies include offsite construction methods, which are more expensive, but can shorten building time and cut manpower needs and digital building design, which requires investment and skilled manpower.
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