Question
Mr Ang Wei Neng: To ask the Minister for Trade and Industry whether an update can be provided on the new tourism development in the Jurong Lake District.
Oral Answer (to be attributed to Minister of State for Trade and Industry Low Yen Ling)
1. A request for proposal for a new tourism development at a site in Jurong Lake District was launched in March 2022, and closed in October 2022. There were no submissions. The war in Ukraine coupled with the overall slowdown in global economy created an uncertain economic environment during that period, especially for the tourism sector. However, STB remains confident in the tourism potential of the site as it is adjacent to the new Science Centre and Jurong Lake Gardens. We are monitoring market sentiments and exploring other possibilities to harness this potential.