Construction firm Lian Beng wins S$90.2m worth of contracts

Singapore construction firm Lian Beng Group has won two contracts worth a total of S$90.2 million.

The first is a S$73.5 million contract to build a 21-storey freehold condominium Amber Residences along East Coast Road. The building contractor also sealed a deal worth S$16.7 million to build a 7-storey industrial building at Paya Lebar i-Park.

Work on the projects will begin in May and expected to be completed by November 2010.

Lian Beng says its total orders now stand at some S$700 million.

In January, Lian Beng partnered LaSalle Investment Management to acquire Emerald Mansion for redevelopment for S$148 million. – CNA /ls

Source : Channel NewsAsia – 12 Mar 2008

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