Yongnam clinches $29.6m infrastructure contracts in Singapore and Hong Kong
It will build new industrial developments in Kallang Junction.
The mainboard-listed structural steel contractor and specialist civil engineering solutions provider has clinched two contracts worth $29.6 million for projects in Singapore and Hong Kong.
Yongnam was awarded a fast-tracked design and build contract for light industrial developments at 1 & 3 Kallang Junction in Singapore, as well as a specialist civil engineering contract for infrastructure works at the Kai Tak Development in Hong Kong
The two contracts are expected to have a positive impact on the Group’s financial performance for the year ending December 31, 2016.