OKP Holdings bags $20.38m construction contract from JTC

For roads, drains, sewers and soil improvement works at Tuas South.

Mainboard-listed infrastructure and civil engineering company OKP Holdings has bagged a $20.38 million contract from JTC Corporation for the construction of roads, drains, sewers and soil improvement works at Tuas South Avenue 7/14.

The contract was awarded to its wholly-owned subsidiary Eng Lam Contractors and will commence on 20 April 2015.
The contract’s first phase of completion expected in nine months, by 20 January 2016. The second phase will span over 21 months and is scheduled to be completed by 20 January 2017.

This contract updates OKP’s net construction order book to S$317.2 million, extending till 2019.