19-01-2024, 02:40 AM
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Shocking Truth About CM Chandrababu Naidu and SG Minister Iswaran
19-01-2024, 02:42 AM
19-01-2024, 02:54 AM
"SG High Commissioner begs for mercy from new Indian state govt to save $4 billion investment
Aug 12, 2019
#1
SG High Commissioner seeks mercy from new Indian state govt after SG plonks $4B into state - The Online Citizen
The project is a joint development between the Singapore Consortium led by Temasek-linked Ascendas-Singbridge and Sembcorp Development, and Amaravati Development Corporation Limited, a company set up by the previous Andhra Pradesh state government.
Andhra Pradesh was earlier governed by the Telugu Desam Party (TDP) which was aligned with PM Modi’s Bharatiya Janata Party (BJP). However, at the recent India’s general election in May, the ruling TDP lost the Andhra Pradesh Legislative Assembly election. The YSR Congress Party led by Y.S. Jagan Mohan Reddy swept the elections with a majority of 151 out of 175 Assembly seats, propelling Reddy to become the new Chief Minister of Andhra Pradesh, defeating Mr Naidu of TDP.
Unfortunately, the new Chief Minister Reddy is not a keen supporter of the Amaravati capital city joint venture project and has even publicly announced that the project is “not a priority” for him. The new state government is reviewing all ongoing works and cutting finances, triggering uncertainty over the future of the state capital project which Temasek-linked entities Ascendas-Singbridge and Sembcorp Development have invested in.
Work on the capital city, which has been running behind schedule, has come to a standstill"
https://www.sammyboy.com/threads/sg-begs...standstill
Aug 12, 2019
#1
SG High Commissioner seeks mercy from new Indian state govt after SG plonks $4B into state - The Online Citizen
The project is a joint development between the Singapore Consortium led by Temasek-linked Ascendas-Singbridge and Sembcorp Development, and Amaravati Development Corporation Limited, a company set up by the previous Andhra Pradesh state government.
Andhra Pradesh was earlier governed by the Telugu Desam Party (TDP) which was aligned with PM Modi’s Bharatiya Janata Party (BJP). However, at the recent India’s general election in May, the ruling TDP lost the Andhra Pradesh Legislative Assembly election. The YSR Congress Party led by Y.S. Jagan Mohan Reddy swept the elections with a majority of 151 out of 175 Assembly seats, propelling Reddy to become the new Chief Minister of Andhra Pradesh, defeating Mr Naidu of TDP.
Unfortunately, the new Chief Minister Reddy is not a keen supporter of the Amaravati capital city joint venture project and has even publicly announced that the project is “not a priority” for him. The new state government is reviewing all ongoing works and cutting finances, triggering uncertainty over the future of the state capital project which Temasek-linked entities Ascendas-Singbridge and Sembcorp Development have invested in.
Work on the capital city, which has been running behind schedule, has come to a standstill"
https://www.sammyboy.com/threads/sg-begs...standstill
19-01-2024, 08:30 AM
Our CPF monies thrown away like trash for India. This Govt and Temasek are badly managed.
19-01-2024, 06:58 PM
Why do we need 5 Mayors and 80 PAP Ministers?
19-01-2024, 07:56 PM
(19-01-2024, 06:58 PM)Ola Wrote: Temasek suka suka anyhow write- OFF bad debts
That is why have to increase gst to 9%. Sinkees need to pay for their mistakes.
19-01-2024, 08:04 PM
(19-01-2024, 08:30 AM)Wy:Nox Wrote: Our CPF monies thrown away like trash for India. This Govt and Temasek are badly managed.
"Parliament: No grants, subsidies given to developing India's Amaravati city, says Iswaran"
https://www.straitstimes.com/politics/pa...%20Iswaran
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