Soilbuild Construction awarded $50.4 mil contract for factory project at Kallang Way
By Angela Teo
/ EdgeProp |
On Oct 5, Soilbuild Construction Group announced that the group has been awarded a contract, worth $50.4 million, by SB (Waterfront) Investment for a single-user factory development at Kallang Way.
The project comprises the proposed erection of a seven-storey-with-part-four-storey general industrial factory development, other ancillary facilities, as well as one basement carpark. Construction is expected to be completed in 3Q2019.
Soilbuild Construction’s order book – as at end-June, and including new orders since – now stands at approximately $574.2 million. Local construction projects make up $389.6 million of the group’s order book, while the remaining $184.6 million are attributable to Myanmar construction projects.
Source: Soilbuild Construction Group
SB (Waterfront) Investment is a wholly-owned subsidiary of Soilbuild Group, which is also the parent company of Soilbuild Construction. Lim Chap Huat, executive chairman of Soilbuild Construction, is the sole shareholder of SB (Waterfront) Investment.
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