S’pore’s construction consultancy services sought after in overseas market

S’pore’s construction consultancy services sought after in overseas market

 

SINGAPORE: Singapore’s construction consultancy exports have increased despite the bustling domestic market. This is according to a survey conducted by the Building and Construction Authority.

 

Singapore consultancy firms secured a total of 406 projects in 2007 or up some 13 per cent on year.

 

The most sought-after services were for architectural and master-planning services, constituting more than half of the total consultancy contracts clinched.

 

China regained its top spot as the largest export destination for local consultants in 2007.

 

India is second with Singapore consultancy firms securing a total of 90 projects.

 

All in, Singapore construction firms secured a five-year high of $2.7 billion Singapore dollars worth of construction and engineering contracts in 2007. – CNA/vm

 

Source: Channel NewsAsia