Protecting Singapore against rising sea levels could cost S$100 billion ($72 bil...
SINGAPORE - Protecting Singapore against rising sea levels could cost S$100 billion or more over 100 years, its prime minister said on Sunday, as the low-lying island-state makes preparations to mitigate the impact of global warming.
Lee said Singapore’s future options include building polders, areas of land reclaimed from a body of water, or reclaiming a series of islands offshore and connecting them with barrages. The prime minister made the comments in his annual National Day Rally speech, in which he laid out policies and priorities for the government.The retirement age will rise to 63 in 2022 from the current retirement age of 62 and to 65 by 2030, Lee said.
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