I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Tuesday 5 July 2011

Ground-breaking for S'pore's largest desalination project

By CARINE LEE


Singapore's national water agency, PUB, and Hyflux Ltd have broken ground for the country's second and largest seawater reverse osmosis desalination plant, Hyflux said on Tuesday.

Vivian Balakrishnan, Minister for the Environment and Water Resources, was the guest of honour at the ground-breaking ceremony held at the Suntec Singapore International Convention and Exhibition Hall.

A co-located event of the Singapore International Water Week 2011, this ceremony signifies the start of ground works at the 14-hectare site in Tuas on the western section of the island.

The desalination plant - Tuaspring Desalination Plant - is constructed under a Design, Build, Own and Operate (DBOO) model and is expected to commence operations in 2013.

The plant will add another 70 imperial million gallons or 318,500 cubic metres of desalinated water per day to Singapore's water supply.

An on-site combined cycle gas turbine power plant will supply electricity to the desalination plant. Excess power will be sold to the power grid, Hyflux said in a statement.

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