The Ministry of Trade and Industry (MTI) today launched its Industrial Government Land Sales Programme for the first half of 2013. To continue to meet potential demand for industrial land, there will be 13 sites in the Confirmed List and 9 sites in the Reserve List, with a total site area of 24.84 ha.

The proposed land quantum for the first half of 2013 is comparable to that of the second half of 2012. In 2012, a total of 47.69 ha of industrial land have been released. This is about 1.4 times than that released in 2011. The Government will continue to release ample land through the IGLS programme so as to meet the needs of industrialists and to moderate industrial land prices.

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MINISTRY OF TRADE AND INDUSTRY
19 December 2012