Tag Archives: Construction

Lian Beng wins S$101m contract for Waterfront Key project in Bedok

Construction firm Lian Beng has clinched a contract worth S$101 million to build a residential project at Bedok Reservoir called Waterfront Key.

The contract was awarded by FCL Peak, a joint venture between Frasers Centerpoint and Far East Organization.

It covers the construction of about 440 apartment units in eight blocks, together with a basement car park, swimming pool and other facilities.

Work on the Waterfront Key project is expected to start in the fourth quarter of the year and be completed within 32 months.

Lian Beng said this latest contract will boost its order book to about S$617 million.

The company recently reported a record profit of S$17.2 million on revenue of S$308.4 million for the financial year ended May.

The strong growth was due to increased construction activities as the firm made good progress in the various projects currently under construction.

Source : Channel NewsAsia – 18 Aug 2009

Yongnam wins S$39m contract for Marina Bay Sands resort

Steel contractor and civil engineering firm Yongnam said it has won a contract, worth nearly S$39 million for the Marina Bay Sands Integrated Resort.

Under the terms of the deal, Yongnam will supply and construct structural steelworks required to support the roof and facade of the North Crystal and South Crystal Pavillions.

Both Pavillions are located in the waters of the Marina Bay Reservoirs, a stone’s throw away from the IR’s Event Plaza.

Yongnam will also be responsible for the various structural works for all floors above the first level as well as the finishing works for all levels for both pavilions. Continue reading