Lian Beng wins construction contracts worth S$117m

Lian Beng wins construction contracts worth S$117m

 

SINGAPORE : Construction firm Lian Beng Group has won three new construction and civil engineering contracts worth a total of S$117 million.

 

Two of the deals are for construction projects in the private residential sector.

 

The first contract, worth some S$36 million, is awarded by Sing Holdings for the construction of Bellerive Condominium, a private residential development located at the junction of Keng Chin Road and Ewe Boon Road.

 

Lian Beng will build 51 apartment units within a 15-storey block and work is scheduled to be completed by July 2010.

 

A second deal, worth S$50.4 million, is from Lafe (Emerald Hill) Development to construct 33 private residential apartments at Emerald Hill Road, which is due to be finished around the fourth quarter of 2010.

 

The group has also secured a S$30 million civil engineering project, which was awarded by the national water agency PUB for a part of Singapore’s network of NEWater pipelines.

 

With these latest contracts, Lian Beng’s order book stands at about S$800 million. – CNA/ms

 

Source: Channel NewsAsia

Lian Beng wins $117 mln construction projects

Lian Beng wins $117 mln construction projects

 

Construction firm, Lian Beng Group Ltd, has won three new construction and civil engineering contracts worth a total of $117 million.

 

Among the contracts were two construction projects for the private residential sector.

 

The first of which was a $36.2 million contract awarded by Sing Holdings (Bellerive) Pte Ltd for the construction of Bellerive Condominium, a private residential development located at the junction of Keng Chin Road and Ewe Boon Road.

 

Work on Bellerive Condominium will involve the construction of 51 apartment units within a 15-storey block, and is scheduled to be complete by July 2010. The cost of constructing the Bellerive development works out to about $585 per sq ft.

 

Separately, the group won a $50.4 million contract from Lafe (Emerald Hill) Development Pte Ltd, to construct 33 private residential apartments at Emerald Hill Road.

 

The construction cost of the Emerald Hill development is estimated to be $668 per sq ft and work at this development is expected to be complete around the fourth quarter of 2010.

 

The group has also secured a $30 million civil engineering project, which was awarded by the Public Utilities Board, for a part of Singapore’s network of NEWater pipelines.

 

For this project, Lian Beng has teamed up with Ri Dong Corporation Pte Ltd in a 50-50 joint-venture.

 

The civil engineering project will involve the design and construction of a NEWater pipeline running from Changi NEWater Plant to Jurong, Tuas and Jurong Island.

 

Work on the NEWater pipeline project is expected to be complete in July 2009.

 

With these latest contract wins, Lian Beng’s orderbook stands at about $800 million. — BT Newsroom

 

Source: Business Times