Tuesday, September 29, 2015

Huationg Global wins $81.3 mil in civil engineering contracts

Huationg Global, the full-service integrated civil engineering solutions provider, says it has secured new civil engineering contracts worth a total of $81.3 million.

The new contracts awarded included site clearance and earthworks for land preparation at Changi Airport Terminal 5; external works for the proposed development of an integrated regional hospital at Sengkang; earthworks for proposed dry docks; and earthworks for advanced piling, soil improvement and pile extraction works at Depot.

Patrick Ng, CEO of Huationg Global, says, “We have been building up our order book strongly since the beginning of 2015, where we clinched public sector projects totalling $28.5 million in 1Q2015 and $19.5 million in 2Q2015 respectively.”

The above new contracts are expected to be delivered by the group over the next three years.

Huationg last closed at 23 cents.

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