CNA Group clinches $18m deal in Thailand
Project includes master planning, base design.
According to a release, CNA Group Ltd has signed a Letter of Award with WP Estate Co., Limited, appointing CNA
as the Engineering, Procurement, and Construction contractor for a 38,316 square metres (23 rai) site situated at Sriracha, a city south of Bangkok, Thailand.
The approximately S$18 million project includes master planning and base design; infrastructure works including road and drainage works; building of commercial buildings with a built-up area of 2,400 square metres, low rise residential buildings with a built-up area of 8,000 square metres, and one unit of sales office; and project management services.
Commenting on the Project, CNA’s Group CEO and President, Mr Michael Ong said: “The Sriracha Development
not only allows us to leverage on our real estate partner, WEI’s expertise in property development, but also
give us an opportunity to demonstrate our expertise in EPC, creating a win-win situation.”
This Project will increase the Group’s orderbook of S$63.6million as at 30 June 2013 to S$92.2million, inclusive
of the Vietnam Airport win announced on 2 September 2013.