Thursday, September 15, 2011

Boustead unit wins $18m contract to build chocolate processing factory

Boustead Singapore says its industrial real estate solutions unit has won an $18 million contract from Japanese contractor Shinko Plantech Co Ltd to build a chocolate processing facility in Tuas.

The plant is for T&C Manufacturing Co., which makes dairy and chocolate based products for export to confectioners and beverage companies in Japan.

The facility is scheduled to be completed in the third quarter next year.

Boustead says it has secured $95 million in industrial real estate contracts since the beginning of its FY12 in April. Its orderbook backlog is more than $300 million.


 

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