Wednesday, April 23, 2008

Resorts World Award $1.05 Bln Contract To Kajima JV

Source : The Business Times, April 23, 2008

Resorts World at Sentosa announced on Wednesday it has awarded a $1.05 billion building contract to a joint venture between Kajima Overseas Asia Pte Ltd and Tiong Seng Contractors (Pte) Ltd.

The award -- the biggest awarded to-date by Resorts world -- marks a milestone for the $6 billion integrated resort slated for completion in early 2010, and tallies the total building contracts awarded to date to a worth of over $2 billion.

Kajima-Tiong Seng will construct 3 of the 6 hotels in RWS, and the resort's thoroughfare, FestiveWalk. The contract also includes the construction of the casino and the Le Vie Showroom, where the resort's residential theatre production Le Vie will reside. -- BT Newsroom

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