SINGAPORE (Dec 1): Boustead Projects' wholly-owned subsidiary, Boustead Projects E&C has won a contract for the design-and-build of a ramp-up Bolloré Logistics Singapore logistics facility.

Located near Bolloré Logistics’ existing Green Hub, the facility is scheduled to be completed in 2019.

Including this contract, the group’s order book backlog stands at $300 million.

Thomas Chu, managing director of Boustead says, “This contract marks the fourth logistics project we have secured in FY18, which reaffirms our position as the preferred design-and-build partner for logistics players and further extends our logistics industry track record, crossing 1 million sqm.”

“It has been a fruitful FY18 thus far, in which we have secured more than $232 million in contracts. We aim to build on our business development efforts both in Singapore and overseas,” Chu adds.

This story, written by Samantha Chiew, first appeared on The Edge Singapore.