Building consultants’ overseas jobs up 12%

Building consultants’ overseas jobs up 12%

 

THE construction sector may be booming in Singapore, but that did not stop local building consultancies from securing more projects abroad – up 12 per cent last year over the previous year.

A survey by the Building and Construction Authority (BCA) showed that Singapore consultancy firms won 406 projects last year compared with 360 in 2006.

 

These deals were secured by 65 firms, compared with 68 the previous year.

 

Among the different consultancy services, architectural and masterplanning services were the most popular, the BCA said.

 

The top markets for Singapore consultancies were China and India, with 137 and 90 projects respectively.

 

BCA director of business development William Tan said: ‘Our firms should continue to focus on niche areas such as planning and design as well as quality construction and environmental- related constructions.

 

‘The continuous efforts in establishing an overseas presence by our firms despite their current workload in the domestic market are definitely an excellent business strategy to mitigate the effects of the cyclical nature of the construction sector.’

 

The survey also showed local firms winning the most construction and engineering projects in the last five years.

 

These firms won $2.7 billion worth of deals compared with $2.1 billion in 2006, despite strong domestic demand, BCA said.

 

Source: Straits Times

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