
Guess which Singapore firms will benefit from Changi's massive T5 project
Good news for construction firms.
According to OSK, Changi Airport build plan benefit the construction industry. The massive plans to build Changi Airport's Terminal 5 would bode well for the construction industry in terms of project pipeline.
Here's more:
While the tender for main contractor is likely to be awarded to a big foreign player (such as Shimizu Corp), there are several smaller parcels that local construction players can be a part of.
We think construction companies like structural steelworks leader Yongnam, road specialist OKP, main contractor Lian Beng and M&E provider King Wan will stand to benefit.