$170 Million Still Available In BCA’s Construction Productivity & Capability Fund (CPCF)

The Building and Construction Authority (BCA) has introduced a S$250-million Construction Productivity and Capability Fund (CPCF) as part of the Governments efforts to help the construction industry improve productivity and strengthen its capability.

The Fund comprises incentive schemes that focus on workforce development, technology adoption and capability development in Singapores built environment:

What Is It?

The Mechanisation Credit (MechC) scheme helps to defray the cost incurred in technology adoption by companies to improve productivity for their construction projects.

Who is it for?

A contractor, specialist contractor or subcontractor firm incorporated and operating in Singapore will be eligible.

What is it For?

The Mechanisation Credit scheme defrays the cost of technology adoption purchasing or leasing equipment – that improves productivity by at least 20%. The Scheme is targeted at construction firms (especially subcontractors) who are looking to using machines and equipment to improve work processes.

For more visit, please visit: http://www.galmon.com/news/up-to-50-funding-when-you-purchase-a-new-aerial-work-platform-mechanisation-credit-mechc-fund-2-2941