Ryobi Kiso Holdings, the specialist ground engineering solutions provider, announced today that it has secured orders worth $39.4 million in Singapore since the beginning of calendar year 2012.
Notably, the major new orders include:
- Infrastructure
Marina Coastal Expressway, Contract 481 - Public Housing
HDB Punggol East Contract 38 - Commercial and Institutional
Mediapolis at One North
Extension of Singapore Institute of Management
Extension of Institute of Mental Health - Private Residential
The Nautical at Sembawang
Ong Tiong Siew, Chief Executive Officer and Executive Director of Ryobi Kiso, says: “Our contract momentum in Singapore has continued since the end of calendar year 2011. This signifies our traction in securing new orders and replenishing our order books on a backdrop of healthy demand in the Singapore construction sector.”
According to the Building and Construction Authority of Singapore, Singapore’s total construction demand for 2012 is projected to be between $21 billion and $27 billion.
Public sector construction demand is expected to contribute about 60% of the overall construction demand while the private sector construction demand will contribute the remaining 40% in 2012.
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