9 firms in Tuas asked to relocate to make way for MRT extension

9 firms in Tuas asked to relocate to make way for MRT extension
By Ng Lian Cheong | Posted: 12 January 2011 2101 hrs

SINGAPORE: The government will acquire some of the land in the Tuas industrial estate to build the MRT extension in Tuas West.

Nine commercial buildings in the affected areas have been asked to relocate within two years.

These companies say they are concerned if they have suitable places to move to, and they hope the authorities can help them.

MediaCorp understands that the Singapore Land Authority (SLA) has asked the affected parties to assess the value of their factories and the compensation involved.

One of the affected companies, AnnAik, sits on Pioneer Road. Its board of directors told the company's shareholders that it was served the notice to relocate and that the price of its shares was not affected by the news.

In Tuas West, Liten Logistics Services had cleared out its warehouse as it was planning to renovate it. But now, it will have to change its plans.

- CNA/ir

- wong chee tat :)