Mr Speaker, Sir, before I get to the more serious part of the business, will you permit me to answer just one point raised by the Hon. the Minister for Labour and Law? He was trying to prove a point when he cited the case of the Great Eastern Life Assurance Co. Ltd., but with respect to him, I do not think it proves anything at all. He cited the fact that the Great Eastern Life Assurance Co. Ltd, had put up a report that their previous year of trading was an exceptionally good one and, because of that, he tried to make the point that Singapore was doing extremely well. But what the Minister does not appreciate is that this Company carries on business not only in Singapore but also in the Federation and in the territories surrounding this island. Therefore, it could well be that any great profit derived by this Company does not come from Singapore but from the Federation of Malaya which we now know has done extremely well during the last two years. So I think the statement made by the Minister along those lines without exactly specifying the sources of the profits for that particular year does not help his case one bit. Sir, to come back to the Development Plan. The Minister for Labour and Law has said that none of the Members of the Opposition has made any attempt to analyse the Development Plan as presented by the Government. Sir, this book reached Members of the Opposition sometime towards the end of last month, and today is the 13th. Exactly 13 days after this book was presented to Members of the Opposition, a very important debate concerning the future of Singapore is being held. Does the Government really seriously expect a detailed and thorough study to enable the Opposition to offer some comments on the Plan which would help the Government to steer the course properly? The position might have been different if at, the same time when this book was submitted an indication had been given to Members of the Opposition that this - Development Plan would be the subject matter of a debate in the Assembly. When this book reached Members; of the Assembly, we knew, of course, that there was going to be an Assembly sitting on the 12th of this month. Now instead of coming clean - if I may use the expression of this very clean, Government - and telling the Opposition that it was the intention of Government to debate this Plan at this sitting, they kept it a State secret and gave Members of the Opposition just the bare statutory notice which is two days or is it one day, Mr Speaker? Is it fair to Members of the Opposition? Or may I ask the Minister for Finance - is it fair to the country at large that an important document such as this should be debated at such short notice and after Members of the Opposition and members of the public have only had an opportunity of looking at it for .10 or 12 days? If no constructive criticism is forth-coming. I suggest to you, Mr Speaker, Sir, that the Government must take the blame for it. However, with the time at our disposal, let us try and see what we can make of this Development Plan. Mr Speaker, Sir, I am going to suggest to the Minister for Finance that this plan is not the magnum opus that it has been cracked up to be. I have been associated with the City Council for a number of years. I know a little about these so-called Development Plans. When I was in the City Council, Sir, the City Council also wanted to know where the Council was going for the period of the succeeding five years, because it wanted to have an insight into the future in order that it might make necessary financial provision. Therefore, the Council instructed each head of department to submit to it a list of the projects he had in mind. The result of that request was that every head of department put up everything he thought he should do during the next five years without considering whether everything that he put up was vitally necessary for the period of the five years in respect of which he was asked to put up the Plan. In other words, what I am saying to you. Mr Speaker, Sir, is this. In those circumstances, what usually happens is that each head of department prepares his annual budgets five years ahead, and these five-year budgets are prepared by each head of department on his own without consulting the other heads of departments and without in any way trying to integrate the expenditure of all the departments in the City Council and finding out exactly what the net result of all the projects would be if the money could have been found. Having stated that, I am going to suggest to the Minister for Finance that exactly what happened in the City Council has happened in this case. The Minister had written to his heads of departments saying "Please tell me what you can do over the next five years. Not only what you want to do but what you can do over the next five years." And I am telling him that the result is that a number of requests went out from the heads of departments and they were probably analysed by some committee, maybe by the Minister's own department. And it was vetted on the basis of what the Minister for Finance thought he could raise in the way of money. So that this Plan, Mr Speaker, Sir, is not a Plan in the sense that one thinks of a Development Plan drawn up by a young country which is seeking to set itself a Plan in order that the national income of the country might be raised from year to year, and that the standard of the living of the people could be increased from year to year. This is just a slap-dash, haphazard Plan suggested to the Minister by heads of departments, which he vetted on the basis of what he thought he could raise in the way of money. I am suggesting to him that that is the basis on which this Plan was born. If I may deal with some of the aspects of this Plan, Mr Speaker, Sir, if you will turn to page 35 of the blue book. This sets out the Development Plan Capital Expenditure Estimates for the period concerned, 1961-1964, and on page 38 there is an analysis of the Development Plan Estimates classified according to repayment potentialities - therefore, setting out the financial aspects and the financial implications of such a Plan. Mr Speaker, Sir, a Development Plan must be conceived and given birth to against a background of the needs of the country in respect of which the Plan is being propounded. We have heard of several Development Plans for India. We have heard of several Development Plans for Russia. We have heard of several Development Plans for China. Their problems are not the same as ours. Their possibilities and their potentialities are not the same as ours. Therefore, their Plans must necessarily be different from ours. The problems in Singapore are quite different from the problems in India, China and Russia. We started as a small island, and we continue as a small island without any annexation to the mainland at the moment. This place grew up as a trading centre for the areas surrounding Singapore and Malaya. Up to the end of the Second World War, we were completely a trading centre. Subsequent to the Second World War, the political situation around us was different. Territories around us got independence. Therefore, the reasons which enabled Singapore to prosper in the way that she did previous to the Second World War were slowly being whittled away. Indonesia got her independence. Malaya became independent. And the other territories like Burma and Siam began to assert themselves. They were no longer willing to let Singapore be the base from which their primary produce was to be exported elsewhere, nor were they prepared to let Singapore be the base through which the manufactured goods were to reach them from the producing countries. Therefore the happy position in which Singapore was to get the primary produce and export it to other countries, and after that bring back the manufactured goods and then send back to the original countries no longer existed in the same way as it had been before the war. The inevitable conclusion is that Singapore cannot survive by entrepot trade alone. Therefore, we have to supplement our living with some other means. Naturally we have no primary products here. Therefore, the only thing we can turn our attention to is to manufacture. We want to industrialise ourselves. The Plan recognises that and says that the only thing we can do in order to provide employment possibilities for the growing generation, and for the young boys and girls who are coming out from schools, is to try and industrialise as fast as possible. I think we all accept the position that Singapore must supplement her entrepot trade with development on the industrial sector. Against that background, therefore, the Plan must be conceived in order that the entrepot position will be maintained, if not strengthened further, and added to that, we should try and strengthen our industrial sector in a way which will not interfere with or diminish our entrepot strength. Against that background, it became the business of the Minister for Finance to formulate the Development Plan which would during the next four years maintain, if not strengthen, the entrepot position and yet bring about some sort of industrialisation which would provide employment opportunities for the girls and boys who are now in school. Mr Speaker, Sir, on page 52 of the blue book, paragraph 6.7 reads: `The Plan envisages investment in the public sector within the Plan period of $871 million.' Therefore the Plan - the break-up of which is set out on pages 35 and 38 - really concerns itself with investment by the Government in the public sector, and that investment is going to cost the country $871 million. The investment in the public sector will be a complete and utter waste of money unless the private sector comes and puts to use the investment by the Government in the public sector. I make that point, Mr Speaker, Sir, because if the Government invests the $871 million in the public sector hoping that such investment will attract private investment in the private sector, if I may put it that way, and if that does not happen, then this Plan will be ineffective. Now, let us therefore analyse the Table on page 38. Mr Speaker, the first item is: Land Purchases for General Development and Resettlement, $11.31 million. That is an item which in no way helps the industrialisation of the country. It is merely an item which supplements item No. 4 under "II. Social Development" - Housing, $153.60 million. The $11.31 million merely supplements that and is not in any way going to contribute towards industrialisation of the country. Then we get to the next item: Swamp Reclamation Schemes, $4 million. Well, nobody is going to suggest that the catching of prawns is going to help the industrialisation of our country. Then we get to the Rural Development Schemes, $26.10 million. Mr Speaker, Sir, you will get a complete analysis of' that on page 66. Now, the break-up there is: Million $ Roads 18.98 Improvement to Bridges .18 Markets .57 Community Amenities 1.29 Electricity and Water 2.88 Drainage 1.41 Bedok Water Supply .02 Other Rural .7 Development (and the Minister for National Development has just told us that that merely means helping the fishermen and the farmers) ----- 26.09 ----- Nobody is going to suggest that this: $26.09 million is going to help the industrialisation of this country over the next four years. We now come to Animal Husbandry and Agricultural Station, Sembawang, $0.05 million. I think it is self-evident, that, on the face of it, that is not going to help industrialisation. The next item, Mr Speaker, Sir, is Economic Development Board, a $100 million contribution; Kallang Project, $40 million; Jurong Project, $45 million. Quite definitely, these three items relate themselves to industrial development. Then the next item is Land Acquisition for Industrialisation and other development costs for industrialisation, $5.6 million. Quite clearly, it is connected with the three preceding items. Electricity is $78.5 million; Water $54.23 million; Gas $14.03 million. These are not entirely matters which relate themselves to industry, because we must have electricity in respect of housing projects; we must have water for our housing projects; and possibly gas also is a split item between industry and housing. So those three items partially relate themselves to industry and partially to what is known as social development. The next item is the heading "3. Transport and Communications": East Wharf Development, $12.7 million - I take it that that item relates itself to port facilities and more properly should come under the heading of Entrepot trade, or Entrepot Facilities. Improvement of Singapore River $15.7 million - I hardly think, Mr Speaker, Sir, that that is going to help industrialisation. It might make our City a more efficient entrepot trading centre, but it certainly is not going to help in the industrialisation of this island in any way. Marine, Meteorological Services, Civil Aviation, Telecommunications, Roads, Drainage, Bridges, Posts, Telephone Board - none of these items, Mr Speaker, Sir, can in any remote way be said to concern itself with industrialisation. Now, "Social Development". Health $35.8 million; Education $94.48 million - these are all matters which do not concern themselves immediately with industrialisation in the next four years and similarly items under "Public Administration", Mr Speaker, Sir. Therefore, the four items which really concern themselves with industrialising this island of ours is the $100 million grant to the Economic Development Board, the Kallang Project $40 million, the Jurong Project $45 million, and the items concerning Electricity, Water and Gas. Let us therefore, examine these several projects in turn. If I may deal with the Kallang Project first, Mr Speaker, Sir. Mention of it is made on page 69: `Kallang Swamp Project The Kallang Swamp is a group of contiguous patches of tidal swamp spread out at the confluence of the Kallang and Whampoa Rivers behind the narrow estuary of the Kallang River. Fringed by temporary residential settlements,...' and it goes on to describe the area, Mr Speaker, Sir. Then at the end of paragraph 7.39: `In 1954, the Master Plan team realised its potentialities as Kallang is the biggest single stretch of unused land that could be properly developed.' Paragraph 7.42 is very interesting, Mr Speaker, Sir: `The best fill material is available from quarries in Jalan Eunos and near the International Airport. In fact, quarrying operations will produce a good area for housing development and make suitable an old quarry area as a village site. Ample material exists. An access road from these sources will have to be constructed to link up with the fill area; heavy earth-moving machinery which constructed the airport are available and they can operate economically at a rate of about 200,000 cubic yards a month. [This is the point]. These and other machinery can undertake the huge fill in about 4 to 5 years.' So you get this wonderful Kallang Project on which we are going to industrialise, but on which nothing can be done, Mr Speaker, Sir, for the next four to five years because it has to be filled first. And this is a tidal swamp; I do not know whether the Ministry has bothered to find out whether this area, after filling, is going to be suitable for industrial development, because when you have heavy machinery installed, you have to have good foundations. And you cannot have foundations in a place which is a tidal swamp filled up. I remember this, and I think the whole of Singapore remembers this, that the first thing which the Minister for Culture did was to announce that he would have his National Theatre at Kallang. If he had only stopped to ask those who knew something about that place at the old Kallang Airport, I think he would have been advised that such a place was not suitable, because such a project had been previously considered and had been rejected by the City Council. But because the Minister was in such a hurry, he took our Yang di-Pertuan Negara there and made him lay a foundation-stone. He subsequently found that the area was unsuitable. So the Government has now gone to the King George V Park. I hope the Minister for Finance will not embark on any such foolish business on this Kallang swamp without getting any further advice from his experts as to whether the land is suitable for industrial development. Now, Mr Speaker, Sir, we come to the Jurong Project, $45 million, and something is said about it on page 71: `Jurong Industrial Area To provide a site of about 1,000 acres for the Plant'. The Plant here talked of, Mr Speaker, Sir, is the iron and Steel Plant which is very famous these days in Singapore and about which we are being advised by United Nations experts who themselves are unable to make up their minds whether Singapore can take this Iron and Steel Plant. But the greater question is this: `To provide a site of about 1,000 acres for the Plant [that is, this steel plant], it is necessary to provide a large industrial estate of about 9,000 acres in the initial stage on the south-west of Singapore Island in Jurong.' What I gather from that statement, Mr Speaker, Sir, is this: that the focal point of this industrial development is going to be this Iron and Steel Plant. Now, that being the focal point, that having been established as an iron and steel plant, around it and surrounding it on the other 9,000 acres, subsidiary industries will spring up, and so utilise to the fullest extent the capital investments that have been put in on this Iron and Steel Plant. Now, the money provided for the Jurong Project is, I take it, the money that will be required for the development of the site which will enable the Iron and Steel Plant to be erected on it. This $45 million, I take it, is not the total cost of the Iron and Steel Plant. I take it that the cost of the Iron and Steel Plant will run into hundreds of millions. So that, Mr Speaker, we get to the position where these two star projects which the Minister for Finance has propounded in his Development Plan - Kallang and Jurong - on close analysis are somewhat of a fiasco in relation to the Four-Year industrialisation plan. Then we come to Electricity, Water and Gas. Now, Mr Speaker, if I may speak about Water first, because water is life, so the City Council has said. The water supply in Singapore is in great danger. I am satisfied in my own mind that there is a shortage of water in Singapore, and that the Government has not paid due attention to the water supply in Singapore. It is by sheer good fortune, Mr Speaker, Sir, that during the course of last year, we have not had the supply of water rationed, because the reservoirs have been empty enough. Had it not been for the timely rain, I think Singapore would have been faced with a shortage of water supply. I congratulate the P.A.P. Government in having called the elements to their support and got themselves out of a very, very tight situation! But you know, Mr Speaker, the elements might not be that favourable next year - this year rather - and then they will really be in a jam. And if we do not have enough water for domestic consumption, I ask the Minister for Finance how he is going to give it to industry. Let him try - there will be a riot.