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Figtree Holdings Secures $65 Million Contract For Logistics Hub In Singapore

Shares Investment

Figtree Holdings’ wholly-owned subsidiary, Figtree Projects, has secured a $65 million contract for the construction of a logistics hub in Singapore.

The facility will be an integrated distribution centre with a gross floor area of more than 500,000 square feet, consisting of nine levels of ramp-up warehousing space, value-added processing areas and ancillary offices.

Construction of the facility is scheduled to be completed in the second quarter of 2017.

The latest contract increases the group’s design and build order book to approximately $142 million.



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