OKP awarded $94.6m LTA project

Singapore-listed engineering firm OKP Holdings has won a $94.6 million contract by the Land Transport Authority (LTA) to build a viaduct from the Tampines Expressway (TPE) to the Pan Island Expressway (Westbound) and Upper Changi Road East.

The project includes the design and construction of new viaducts, realignment and widening of existing carriageways, recambering/resurfacing of the existing roads, construction of retaining structures, reinstatement works, as well as the construction of other required structures and ancillary works.

Group Managing Director Or Toh Wat said: "We believe that our sound experience in design-and build projects has helped us clinch this contract. We were involved in the design-and-build projects for the interchange at TPE/Sengkang West Road/Seletar Expressway Interchange, which were completed this year. We are currently executing another design-and-build project for the widening of Tanah Merah Coast Road."

This latest deal means OKP's total value of contracts secured in 2015 has reached $291.3 million.

Works are expected to be completed by the first quarter of 2020.

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

More from PropertyGuru:
Home prices would have risen by a third without cooling measures
Strong sales at Potong Pasir condo
Residential sales volume up 4.4% in Q3
Spore slides in ranking as one of world's most liveable cities