Real Estate Investment Secret

**Arcachon** · 28th May 2014

LTA awards four Thomson Line contracts worth $1.13 billion

SINGAPORE - The 30km, 22-station Thomson Line will be completed in three stages from 2019 to 2021 and run from Woodlands to Gardens by the Bay.

Get the full story from The Straits Times.

Here is the statement released today by the Land Transport Authority:

LTA Awards Four Contracts for Thomson Line's Orchard Boulevard, Great World, Outram Park and Shenton Way Stations

Construction works for these four stations to commence second quarter of 2014 and scheduled to complete by 2021.

The Land Transport Authority (LTA) has awarded four civil contracts, T218, T220, T222 and T225 with a total value of around $1.13 billion.

Scope of Contracts

The construction of Orchard Boulevard station (T218) has been awarded to KTC Civil Engineering & Construction Pte Ltd at a contract sum of approximately $143 million. KTC Civil Engineering & Construction Pte Ltd is a construction company established in Singapore since 1988. KTC Civil Engineering & Construction Pte Ltd has undertaken numerous civil engineering projects such as transit projects, road works projects, bus depot, expressways and earthwork projects in Singapore. KTC Civil Engineering & Construction Pte Ltd is currently involved in the construction of Downtown Line 3's Tampines Station.

Contract T220 for the construction of Great World station and its associated tunnels has been awarded to Tiong Seng Contractor (Pte) Ltd - Dongah Geological Engineering Co., Ltd (Singapore Branch) Joint Venture for a contract sum of approximately $316 million. Tiong Seng Contractor (Pte) Ltd is one of the leading building construction and civil engineering contractors in Singapore established since 1964. Tiong Seng Contractor (Pte) Ltd has undertaken numerous civil engineering projects such as Jurong Pier Flyover and Kim Chuan Link Sewer.

Tiong Seng Contractor (Pte) Ltd is currently involved in the construction of Downtown Line 2's Hillview and Cashew Stations. Their joint venture partner, Dongah Geological Engineering Co., Ltd (Singapore Branch) is a Korean construction company set up in 1971. They have been involved in several LTA projects such as the Marina Coastal Expressway and Downtown Line as specialist contractors.

The construction of Outram Park station (T222) and its associated tunnels has been awarded to Daelim Industrial Co. Ltd at a contract sum of approximately $301 million. Daelim Industrial Co. Ltd (Daelim) is a Korean company established in 1939. As one of the top construction and engineering companies in Korea, Daelim has undertaken numerous subways and high speed railway projects in Korea, e.g. Daegu Metropolitan Railway, Seoul Subway and Honam High-Speed Railway. Daelim was also part of the joint venture involved in the design and construction of Marina Coastal Expressway.

Outram Park station will be an interchange station connecting the Thomson Line with the East-West and North East Lines, allowing commuters to enjoy connectivity between the northern, central, eastern and western parts of Singapore.

The construction of Shenton Way station (T225) and its associated tunnels has been awarded to Shanghai Tunnel Engineering Co., Ltd at a contract sum of approximately S$368 million. Shanghai Tunnel Engineering Co., Ltd is a China company with extensive experience in transit projects in Singapore. They are currently involved in a number of LTA's projects including the design and construction of Newton station and associated tunnels for Downtown Line 2, the construction of tunnels between Tampines East station and Upper Changi station for Downtown Line 3 and the construction of Gul Circle station and viaducts for Tuas West Extension.

About Thomson Line

The 30-km long Thomson Line will enhance rail connectivity in the north-south corridors to the Central Business District (CBD) and developments in the Marina Bay area.

Fully underground, Thomson Line comprises 22 stations, including six interchange stations: Woodlands, Caldecott, Stevens, Orchard, Outram Park and Marina Bay. These interchange stations will link to the North-South-East-West Line (NSEWL), Downtown Line (DTL), North-East Line (NEL) and Circle Line (CCL), providing greater accessibility and significantly improve travel time for commuters.

**Arcachon** · 28th May 2014

https://sg.news.yahoo.com/singapore-...124028262.html

Singapore said Wednesday it would defer about Sg$2 billion ($1.6 billion) worth of government infrastructure projects to slow the intake of migrant labourers amid public concern over immigration in the city-state.
Prime Minister Lee Hsien Loong told parliament the move was part of measures to limit the inflow of foreign workers to "a level which is sustainable and which we can physically accommodate in Singapore in the long term".
Lee said the government would continue "full steam ahead" with building more public housing and improving transport infrastructure, but would hold off on less critical projects for one or two years.
The long-ruling People's Action Party has tightened migrant inflows since suffering its worst showing in a 2011 general election, in which the large foreigner presence was a big issue.
"The private sector, they make their decisions," Lee said.
But "the government, we are a significant part of the construction business, and we ask ourselves which government projects need to be built (and) which projects can be deferred," he said.
"We can spread out the demand for construction workers, and then you will be able to manage the total number of construction workers in Singapore."
Lee said among the projects to be deferred are an extension of the Gardens by the Bay botanical complex and a new science centre.
The deferred projects would reduce the number of foreign workers needed by about 20,000 to 30,000, he said.
Lee said the government would also monitor the inflow of foreign professional workers to ensure that Singaporeans get a fair chance at jobs in some fields.
Singapore's low birth rate prompted the government to grant an average of 18,500 new citizenships every year between 2008 to 2012 -- helping the population surge by 30 percent since 2004 to 5.4 million last year.
Out of a foreign population of 1.55 million, about 700,000 are mainly Asian work-permit holders employed in construction, marine industries and other sectors shunned by Singaporeans. Some 200,000 others work as domestic helpers.
Singaporeans have accused foreigners of competing with them for jobs, housing, schools, medical care and space on public transport.
Some have also complained that the rapid influx in previous years is eroding national identity.

**Arcachon** · 28th October 2014

A joint venture between Woh Hup and Obayashi Singapore has been appointed main construction contractor for the upcoming retail and leisure attraction, as well as for the expansion of Terminal 1.

SINGAPORE: Changi Airport Group (CAG) announced on Tuesday (Oct 28) that a S$1.57 billion contract has been awarded to a joint venture formed between Woh Hup (Private) Limited and Obayashi Singapore Private Limited for the construction of Project Jewel and expansion works at Terminal 1 (T1).

The construction joint venture will be working with the Jewel Changi Airport Trustee (JCAT) and CAG on proposed construction work, including the redevelopment of the 3.5 hectare open-air carpark site fronting T1, CAG said in a media release.

Project Jewel, a mixed-used development, will feature a dome-shaped facade made of glass and steel. The 1.4 million square feet complex will also have a 40-metre waterfall and a large-scale indoor garden, in addition to leisure attractions, retail stores, and hotel facilities. New pedestrian bridges linking Project Jewel to Terminals 2 and 3 will be built as well.

T1 will be expanded to include a larger Arrival Hall and more spacious baggage claim areas following the redevelopment of the open-air car park. A five-storey basement car park and additional taxi bays will also be developed, while the terminal's Departure drop-off bay and Arrival pick-up point for private cars will be expanded to cope with increasing passenger traffic.

Construction work is expected to begin by the end of this year, with Project Jewel and the majority of T1 expansion works targeted to be completed by the end of 2018.

- CNA/dl

**Arcachon** · 2nd November 2014

Singapore Billon Dollar project look peanut compare to this.

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The Land Transport Authority (LTA) has awarded four civil contracts, T218, T220, T222

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