UE Wins $85m Job At Marina Bay Sands IR

Source : The Business Times, April 02, 2008

UNITED Engineers Ltd (UE) said yesterday that its wholly owned unit United Engineers (Singapore) (UES) won a contract worth $85 million to provide electrical services for the hotel development at the Marina Bay Sands Integrated Resort (IR).

The contract was awarded by Ssangyong Engineering & Construction Co Ltd to engage UES as a nominated sub-contractor and came amid a slew of contracts generated by the construction of the two integrated resorts here.

Artist Impression of Marina Bay Sands Integrated Resort

Under the terms of the agreement, UES will supply, deliver, install, test and commission all electrical installation for the hotel. The work is expected to start in the second quarter this year and be completed by the fourth quarter of 2009.

The contract is expected to have a positive impact on the earnings of the group in future, UE said in a statement.

UES is an engineering company with competencies in the procurement and instrumentation of mechanical and electrical works. It has been involved in other major projects such as ION Orchard and Singapore's wastewater projects - the Changi Water Reclamation Plant and Choa Chu Kang Waterworks.

The development of the two integrated resorts here have proven to be a boon for some Singapore firms so far. Last month, another electrical engineering firm, TEE International, was awarded the contracts for North and South Podium electrical installation for the Marina Bay Sands IR for a total sum of $109.01 million.

Among the recent contracts given out, Sembawang Engineers and Constructors was also awarded a $400 million contract by Marina Bay Sands Pte Ltd to build the North Podium comprising the casino, theatres and retail arcade.

As for the other IR, Resorts World at Sentosa (RWS), communications design and production firm Kingsmen Creatives secured a $14.5 million deal last month to build props and show sets for the Universal Studios there, which is a major feature of the resort being built by RWS, a subsidiary of Genting International.