Browsing: Singapore

Samsung C&T bags Another North-South Corridor Contract in Singapore

Consecutive NSC contract awarded based on differentiated design and technology Samsung C&T Corporation has been awarded a S$603 million design and construction contract to build North-South Corridor, a 1.7-kilometer-long underground road and facility building in the


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MPA inks $1.46b contract for Tuas Terminal Phase II development

The Maritime and Port Authority of Singapore (MPA) has inked five memorandums of understanding (MOUs) and two agreements with local and international partners at the Singapore Maritime Technology Conference (SMTC). Penta Ocean (Japan), Hyundai (South Korea),


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Malaysia-Singapore rail tender deadline postponed

SINGAPORE: The deadline for bidders to submit their tenders for the development of a high-speed rail line between Singapore and Kuala Lumpur has been postponed by six months due to the complexity of the project, the


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Changi Airport appoints Heatherwick, KPF, Arup & Mott MacDonald for Terminal 5 project

Changi Airports Group (CAG) has named three teams of consultants to work on its planned Terminal 5, which is intended to double the airport’s capacity and allow Singapore to compete for the title of Southeast Asia’s


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VINCI buys Singapore-based Wah Loon Engineering

The subsidiary of global construction giant VINCI, VINCI Energies, bought Wah Loon Engineering from its management and Dymon Asia Private Equity Fund. According to an announcement, Wah Loon Engineering specialises in turnkey electrical and mechanical projects


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ST Engineering links up with airport development consortium

It inked a deal with Surbana Jurong and Changi Airport Planners and Engineers to collaborate on future projects. ST Engineering joined forces with Surbana Jurong and Changi Airport Planners and Engineers Pte Ltd (CAPE) to form


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Singapore to invest in Bangladesh infrastructure projects

The International Enterprise (IE) Singapore signed a Memorandum of Understanding (MOU) with Public Private Partnership Authority (PPPA) to facilitate the direct participation of Singapore companies in PPP infrastructure projects in Bangladesh. Under the MOU, IE Singapore


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$478m luxury hotel to be built at Singtel Hill Street site

Singapore: In an interview with Singapore Business Review, EL Development said the site will be redeveloped into a hotel. The projected total redevelopment costs are between $320m-$360m. That brings the total value of the hotel and


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Singapore to set up S$5bil rail infrastructure fund this year

SINGAPORE: Singapore will set up a new Rail Infrastructure Fund worth S$5bil this year for major rail lines ahead, said Finance Minister Heng Swee Keat. “This can be topped up in future years when our fiscal


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Singapore construction sector plummets by 8.4% in 2017

Weakness in construction demand will impede the sector’s growth in 2018. The construction sector shrank by 8.4% in 2017, the only industry that registered negative growth. The low output was caused by 29.1% decline in the


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