Thursday, December 8, 2011

Yongnam wins 3 contracts worth $29.3m

Yongnam Holdings, the structural steel contractor and specialist civil engineering solutions provider, has secured three contracts worth a total of $29.3 million comprising one contract for the MRT Downtown Line 3 (DTL3) and two sub- contract packages for a petrochemical plant on Jurong Island.

The 21-km long DTL3 is the final stretch of the 42-km Downtown Line. Yongnam’s contract is for the Jalan Besar station, which will be built under Kallang Bahru. It will serve commuters going to the commercial and industrial buildings in the area. Yongnam will support the main contractor, Penta Ocean Construction Co., by providing temporary steel waling, strutting and construction decking works.

Work on the contract is expected to be completed by end of 2014.

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