Thursday, March 17, 2011

Boustead wins contract to design, build and lease R&D centre

Boustead Singapore says wholly-owned subsidiary, Boustead Projects, has been awarded a contract to design, build and lease an R&D and technology centre for Continental Automotive Singapore.

The centre will be located at Kallang iPark, which sits on the fringe of the Central Business District close to the Kallang Riverfront.

Continental AG is one of the world’s leading automotive industry suppliers. With 140 years of experience, it is currently one of the five largest automotive suppliers globally. As a supplier of brake systems, systems for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers.

To be completed in 1Q 2012, the R&D Centre will rise up to seven floors and have a gross floor area of approximately 11,250 square metres. The R&D Centre has been designed with structural provisions for an eighth floor to support future expansion plans.

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