Tuesday, January 22, 2008

Chip Eng Seng Wins S$188m HDB Contract To Build In Queenstown

Source : Channel NewsAsia, 21 January 2008

Chip Eng Seng has won a S$188 million contract from the Housing and Development Board (HDB) to build 1,394 flats in Queenstown.

The contract also includes the construction of a multi-storey carpark, link-bridges, a roof garden, an education centre and other facilities.

Work is expected to begin next month and to complete by 2011.

Chip Eng Seng expects its construction division to be busy with tenders and construction work this year.

As of June last year, Chip Eng Seng's construction order book stood at about S$590 million that would take the group through to 2011. - CNA/ac

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