Tuesday, July 8, 2008

China Jingye To Build Universal Studios S'pore

Source : The Business Times, July 8, 2008

It clinches $705m contract for infrastructural work

RESORTS World at Sentosa (RWS) yesterday said that it awarded a $705 million contract to a Chinese company for infrastructural work at Universal Studios Singapore.

The contractor, China Jingye Engineering Corporation (Singapore branch), is a subsidiary of the Chinese government-linked China Metallurgical Corporation (MCC) group.

China Jingye will handle the general building works of Universal Studios Singapore, including structural buildings, facades, walkways and an amphitheatre.

The installation of the theme park's 24 attractions, designed and prefabricated by renowned theme-park ride manufacturers worldwide, will also be co-ordinated by China Jingye.

RWS, a wholly owned subsidiary of the listed Genting International group, said in a press statement that the MCC group is one of China's top five construction-engineering companies.

The group has been involved in the structural design, consultation and project management of some of China's biggest landmark projects, including the China Central Television (CCTV) headquarters, the Beijing Olympic 'Bird's Nest' Stadium, and the new Beijing Opera House.

China Jingye has been in Singapore for 12 years. Last September, it won a $60 million contract to supply, fabricate and deliver 23,000 tonnes of structural steel to RWS' $6 billion integrated resort on Sentosa.

The 49 ha development, positioned as Asia's leading family destination, is slated for a soft opening in early 2010.

It has so far awarded $2.7 billion worth of building contracts.

Apart from theme park rides, RWS will feature the world's largest oceanarium and the region's first integrated destination spa.

Plans are in the pipeline for some 1,800 rooms, spread across its six hotels. Among them are Maxims Residences, Hotel Michael and Hard Rock Hotel.

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