Lian Beng wins construction contracts worth S$117m

Construction firm Lian Beng Group has won three new construction and civil engineering contracts worth a total of S$117 million.

Two of the deals are for construction projects in the private residential sector.

The first contract, worth some S$36 million, is awarded by Sing Holdings for the construction of Bellerive Condominium, a private residential development located at the junction of Keng Chin Road and Ewe Boon Road.

Lian Beng will build 51 apartment units within a 15-storey block and work is scheduled to be completed by July 2010.

A second deal, worth S$50.4 million, is from Lafe (Emerald Hill) Development to construct 33 private residential apartments at Emerald Hill Road, which is due to be finished around the fourth quarter of 2010.

The group has also secured a S$30 million civil engineering project, which was awarded by the national water agency PUB for a part of Singapore’s network of NEWater pipelines.

With these latest contracts, Lian Beng’s order book stands at about S$800 million. – CNA/ms

Source : Channel NewsAsia – 23 Jun 2008

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