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Boustead wins $137 million worth of Design-and-Build contracts

Vincent Chia
Boustead has a good 2Q

Boustead Singapore Limited announced that it has been awarded 3 design-and-build contracts. The total value of these contracts could reach $137 million with the final value determined by the final design. The first contract is to build an integrated food production, logistics and office facility for a client in the food logistics industry. It would also include an advanced automatic storage and retrieval system from cold, chilled and ambient warehouses. The second is  to build an advanced integrated logistics and office facility for a global logistics provider. The third is to build a warehouse for a global player in the renewable energy sector. The 3 contracts are expected to complete by 2015 and take Boustead’s orderbook to $452 million.

GET TO THE POINT :  More good news from Boustead. Looks like the design and build segment is coming on strongly.

(Picture from Boustead Singapore Limited)

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