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TTJ secures $22 million of public sector work

TTJ secures $22 million of public sector work

TTJ Holdings Limited announced that it has secured contracts worth a total of $22 million. These include the fabrication and installation of structural steelworks for the fixed gangways at Changi Airport Terminal 1 and 2. It also won a contract to supply and install structural steelworks for the Tampines Town Hub project. Expected completion for the Tampines Hub project is in 2016. According to BCA, the outlook for the construction market in 2015 and 2016 is strong, with $25 to $34 billion worth of construction projects annually. This will come from building projects as well as civil engineering projects. Adding these contract wins, TTJ’s order book stands at $119 million.

GET TO THE POINT : Looks like the construction sector in Singapore should do well over the next 2 years.

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The post TTJ secures $22 million of public sector work appeared first on Asean Equities Review.