S'pore 'will be a retirement home, not a vibrant city, if nothing is done'
By Robin Chan, The Straits Times, 29 Nov 2012
PRIME Minister Lee Hsien Loong has said that he should have pressed home to Singaporeans earlier how quickly the world is going to change and the challenges of an ageing population.
While these subjects had been surfaced, they never quite registered, he said.
He was speaking in an interview with Bloomberg's editor-in-chief Matthew Winkler on Monday, when asked if there was anything he would have done differently since he took charge of the Government in 2004.
He said: "I think we would have started earlier registering with people how quickly the world is going to change on them and what a big problem we are going to have with population.
"It's always been sort of there in the public discourse, but not something which we have succeeded in bringing to the forefront of people's attention, to say: 'Look if we don't do something in 20 years' time, the population is going to have an average age, say 60, and this is going to be a retirement home and not a vibrant city.
"And that's going to be a very different Singapore. We have to keep this a vibrant city, even when you're old, we want young people around so that you can grow old happily.'"